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Malaysia's October manufacturing PMI flat at 49.6, new orders rising since June - S&P Global

The Star LogoThe Star3h ago

Malaysia's October manufacturing PMI flat at 49.6, new orders rising since June - S&P Global - The Star

Quick Summary:

KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

"That will lead to an eventual recovery in production levels, which bodes well for upcoming official data readings,” he said.

"Firms noted higher order intakes from customers across Asia-Pacific, including Australia, the Philippines and Vietnam," it said.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 10:17:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23359599

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 29 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 18 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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