ASEAN manufacturing reflects growth in 2024, PMI steady at 50.7 in Dec

The S&P Global ASEAN manufacturing PMI reached 50.7 in December, slightly down from 50.8 in November, reflecting modest sector growth.
Output and new orders rose, with domestic demand driving gains, while new export orders contracted for the 31st month.
Price pressures eased, but staffing levels fell.
Optimism for 2025 remained, though confidence hit an eight-month low.Read More