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Myanmar factory output at record low

The military crackdown in Myanmar is affecting factory workers. The Purchasing Mangers’ Index (PMI) conducted between March 12 and 23 was at 27.5, down from February’s 27.7. The news was reported by Business of Fashion. A figure below 50 is a sign of contraction, and these numbers are a record low. Input prices have risen for the sixth...

1 Apr 2021