The Asean Manufacturing Purchasing Managers’ Index (PMI) hit a record high of 53.8 in February 2026, up from 52.8 in January 2026, driven by a record improvement in new orders, as well as a near-record increase in output, said S&P Global.
The essential intelligence provider said the latest reading not only signalled a strong improvement in the health of the Asean manufacturing sector, but also the most marked improvement in the series’ history.
"February data showed a further upturn in factory orders received by Asean manufacturers, which stretched the current sequence of expansion to seven months, while new export orders rose for the first time in four months.
Source : Theedgemarket