Thai manufacturing shows slight growth, while Indonesia's contraction slows and the Philippines' expansion accelerates.

Thai manufacturing expanded slightly in November, with its PMI rising to 50.2, showing growth but the weakest output in seven months. In Indonesia, the sector showed a slower rate of contraction, with the PMI at 49.6, up from 49.2, due to increased production despite falling orders. The Philippines' manufacturing sector saw accelerated expansion, with its PMI at 53.8, reflecting stronger demand and anticipation of future sales growth.

December 02, 2024
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