ASEAN manufacturing strengthened further in November 2025, with the PMI rising to 53, its third-strongest reading on record.
New orders, output and purchasing activity expanded sharply, but international demand softened.
Hiring remained minimal, causing backlogs to surge at the quickest pace in survey history.
Input costs rose at the fastest rate in nearly a year, leading to moderate price increases.
New orders, output and purchasing activity expanded sharply, but international demand softened.
Hiring remained minimal, causing backlogs to surge at the quickest pace in survey history.
Input costs rose at the fastest rate in nearly a year, leading to moderate price increases.
