Manufacturing and Services activities expand in March

April, 16, 2021

Purchasing Managers' Indices for both Manufacturing and Services activities expanded in March.

Indicating a strong revival in manufacturing activities in the country, the manufacturing PMI reached a 9-month high at 67.0 in March 2021.

Services PMI rose to 62.1 in March 2021, indicating an expansion of the services sector for the fourth straight month.