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Vietnam’s manufacturing growth continues for May whilst Taiwan hits 11-month low

June 1, 2018

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The nation’s points rose from 52.7 from the previous month, remaining above the 50 points mark that separates contraction from growth.

Last month saw Vietnam receive a sharp rise in new orders as well as hitting a record rate of expansion within new export business.

The nation also saw a rise in output and employment within the manufacturing industry, with output price inflations easing.

“A record rise in new export orders is the key highlight from the latest PMI, helping to drive growth across the sector,” commented Andrew Harker, HIS Markit’s Associate Director.

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