Vietnam PMI


Vietnam: Manufacturing PMI hits four-year high in April

May 5, 2015

The HSBC manufacturing Purchasing Managers’ Index (PMI) increased from 50.7 in March to 53.5 in April, which marked the highest print in four years. As a result, the index is now further above the 50-threshold, which separates expansion from contraction in business conditions.

The monthly figure came on the back of a sharp increase in both production and new orders. HSBC added that, “(c)entral to the improvement was success for firms in securing new clients, helped by a continued lack of inflationary pressure.”

FocusEconomics Consensus Forecast panelists see investment rising 8.9% in 2015, which is up 0.8 percentage points from the previous month’s estimate. For 2016, the panel expects investment to grow 8.7%.

Author:, Economist

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Vietnam PMI Chart

Vietnam PMI April 2015 0

Note: HSBC Purchasing Managers’ Index. Readings above 50 indicate an expansion in the manufacturing sector while readings below 50 point to a contraction.
Source: HSBC

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