ASEAN manufacturing sector's deterioration softens in November — IHS Markit

ASEAN manufacturing sector's deterioration softens in November — IHS Markit

The Edge Markets - Malaysia·2019-12-02 15:57

KUALA LUMPUR (Dec 2): While operating conditions continue to worsen for the sixth straight month at ASEAN manufacturing firms, the sector's fall in production and incoming new business has slowed compared with October, said IHS Markit.

According to its latest Purchase Managers' Index (PMI) data, the sector's headline index figures rose to 49.2 in November from 48.5 in October, weighed down by new business and employment.

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