logo
  

Vietnam Manufacturing PMI Slows To 50.6 In January

The manufacturing sector in Vietnam continued to expand in January, albeit at a slightly slower rate, the latest survey from the IHS Markit revealed on Monday with a manufacturing PMI score of 50.6.

That's down from 50.8 in December, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new business continued to increase for the 50th consecutive month, while there was a modest reduction in output.

In addition, the rate of job creation eased to a fractional pace.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

View More Videos
Follow RTT