The Manufacturing Purchasing Managers’
Index (PMI) improved marginally to 45.9 per cent in March 2016, compared
to 45.5 per cent in the preceding month.
This implied that the manufacturing sector declined at a slower rate during the review period.
This implied that the manufacturing sector declined at a slower rate during the review period.
The PMI report for March 2016 released
at the weekend revealed that of the 16 manufacturing sub-sectors, 12
reported decline in the review month in the following order:
