Purchasing Managers' Indices for both Manufacturing and Services activities indicated a subdued performance in May 2022.
Manufacturing PMI recorded an index value of 50.3 in May 2022, with an increase of 13.9 index points from the seasonally low value in the month of April.
Services PMI dropped marginally to an index value of 42.4 in May 2022 indicating a contraction in services activities for the second consecutive month.
Published Date:
Wednesday, June 15, 2022