MLBKT: The confidence index strengthened in June

Respondents reported more favorable developments for the third month in a row, compared to the previous month.

The sub-indices that make up PMI continue to show a mixed picture, the employment sub-index was able to rise slightly further, new orders and production volumes continued to expand, and the volume of inventories purchased also maintained its strong growth rate last month. The value of transit lead time remained extremely low, with a stronger decline.

The index of purchased stocks is expanding for the second time after a month of contraction, at the same pace as in May. (MTI)