MLBKT: purchasing manager index increased
The September index was 52.0 points, this year’s value can be considered above average in October since 1995.
PMI above 50 percent indicates a recovery in manufacturing activity, and a value below 50 percent indicates a shift toward recession.
Overall, the sub-indices that make up PMI continue to show a favorable picture. The volume of new orders has grown dynamically and the volume of stocks purchased is still showing a strong growth rate. (MTI)
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