In May 2024, Malaysia's manufacturing PMI registered a rise to 50.2, according to S&P Global.

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The Star 3w ago

In May 2024, Malaysia's manufacturing PMI registered a rise to 50.2, according to S&P Global. - The Star

Quick Summary:

KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 50.2 in May 2024 from 49.0 in April 2024, signaling a renewed improvement in manufacturing sector conditions following 20 months of moderation.

Pan said the overall sentiment also stayed positive, with firms expecting higher output in the coming year.

"The level of confidence eased, which affected manufacturers' willingness to acquire input inventories.