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

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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: MalaysiaAustraliaPhilippinesVietnam

Topics: Economy Manufacturing PMI /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

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

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 305 words

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Sentences: 15 lines

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Copyright Owner: © The Star

News ID: 23359599

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