Vietnam Manufacturing Expands For The First Time In Three Months
(RTTNews) - The manufacturing sector in Vietnam moved back into expansion territory after a three-month absence, the latest survey from IHH revealed on Monday with a manufacturing PMI score of 51.0.
That's up from the neutral reading of 50.0 in October, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, both output and employment returned to growth, while new orders rose at a sharper pace.
Output prices were lowered amid marginal cost inflation. Input costs rose only marginally and at the weakest pace in the current 11-month sequence of inflation.