Purchasing Managers’ Indices for both Manufacturing and Services activities contracted in February 2023.
Manufacturing PMI recorded an index value of 42.3 in February, indicating a continued setback in manufacturing activities on a month-on-month basis.
Services sector PMI dropped to an index value of 48.7 in February 2023 indicating a deterioration across the services sector.
Published Date:
Tuesday, March 14, 2023