An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction, noted state news wire MTI.
Among the sub-indices that comprise the PMI, the new orders index “strengthened a bit” and remained over the 50 threshold.
The production volume index rose and continued to show expansion.
The employment index increased and was over 50 for the third month in a row. Delivery times were longer than in July. Purchased inventories were up after a decline in July.
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