The Vietnam manufacturing sector continued to contract in April, and at a faster rate because of the Covid-19 pandemic, the latest survey from IHS Marketing revealed on Monday with a manufacturing PMI score of 32.7.
That's down from 41.9 in March and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, there were severe declines in output and new orders, while employment was also down at a record pace.
Firms were pessimistic regarding the 12-month outlook.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2156233/
No comments:
Post a Comment