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Q1 2025 ends with slight moderation in ASEAN manufacturing expansion
Following February’s solid improvement in the ASEAN manufacturing sector’s health, Q1 2025 ended with a slight moderation in the pace of expansion, S&P Global Ratings said. Growth rates for both output and new orders softened, but were solid overall. Price pressures eased, and confidence remained close to the recent high observed in February. Output rose for a sixth straight month in March.
Following February’s solid improvement in the ASEAN manufacturing sector’s health, Q1 2025 ended with a slight moderation in the pace of expansion, S&P Global Ratings said.
Growth rates for both output and new orders softened, but were solid overall.
Price pressures eased, and confidence remained close to the recent high observed in February.
Output rose for a sixth straight month in March.
