Vietnam Manufacturing PMI Hits 21-Month High – Nikkei


The manufacturing sector in Vietnam continued to expand in February, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 54.2.

That was up from 51.9 in January, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

It also marks a 21-month high score.

Individually, growth among output and new orders accelerated in February, while there was a record increase in stocks of purchases.

Business sentiment also touched a one-year high.

The material has been provided by InstaForex Company – www.instaforex.com

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