The manufacturing sector in Vietnam continued to expand in July, albeit at a slower pace, the latest survey from Nikkei showed on Tuesday with a manufacturing PMI score of 51.7.
That’s down from 52.5 in June, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, there were slower rises in both output and new orders, but new business still increased solidly – supporting the fastest rise in backlogs since April 2011.
Input cost inflation eased to a 13-month low.
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