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Malaysia Manufacturing PMI

Last Release
Apr 30, 2024
Actual
49
Units In
Points
Previous
48.4
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
53.9
Apr 2021
31.3
Apr 2020
48.48 Points2015-2024Markit Economics
The IHS Markit Malaysia Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Latest Updates

The S&P Global Malaysia Manufacturing PMI was up to 49.0 in April 2024 from March’s three-month low of 48.4. It was the 20th straight month of contraction in factory activity, as demand remained muted. There were moderations softer in output and new orders, with foreign sales improving for the first time in a year and at the fastest pace since April 2021. Employment was stable following three consecutive monthly falls. On the other hand, purchasing activity fell softer while delivery times shortened marginally. On the price front, input price inflation was little changed during the month amid higher raw material prices due to exchange rate weakness. As a result, output price inflation accelerated for the eighth time in nine months, though the rate of charge inflation was only marginal after being flat in the previous month. Finally, business sentiment deteriorated to an eight-month low amid a muted demand environment.

Malaysia Manufacturing PMI History

Last 12 readings

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