Manufacturing PMI reaches 7-month high

November, 17, 2021

Purchasing Managers' Indices for both Manufacturing and Services activities expanded in October 2021.

Indicating a strong revival in manufacturing activities in the country, the manufacturing PMI reached a 7-month high at 60.4 in October 2021.

Services PMI increased to 57.9 in October 2021 underpinned by the increases in New Businesses, Business Activities and Expectations for Activity sub-indices.

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