The S&P Global Malaysia Manufacturing PMI decreased to 50.3 in August 2022 from 50.6 in the prior month. It was the weakest growth in the sector since May, as output levels were scaled back for the first time in three months, while new orders continued to improve and registered the strongest rise since April, though the rate of growth was still only mild. Export orders fell at the fastest rate in a year amid weak global economic conditions. Meanwhile, employment declined for the seventh successive month, as goods producers cited the non-replacement of voluntary leavers, often reflecting labour market shortages. On prices, input price inflation slowed to the lowest since September 2021, due to lower prices for a wide variety of inputs. As a result, factory gate inflation eased to the softest pace in 12 months. Lastly, sentiment strengthened to a seven-month high, amid hopes demand conditions would continue to improve as the pandemic was brought fully under control. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.56 points from 2015 until 2022, reaching an all time high of 53.90 points in April of 2021 and a record low of 31.30 points in April of 2020. This page provides - Malaysia Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Manufacturing PMI in Malaysia is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Manufacturing PMI is projected to trend around 51.00 points in 2023, according to our econometric models.

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Malaysia Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.30 50.60 points Aug 2022

Malaysia Manufacturing PMI
The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
50.30 50.60 53.90 31.30 2015 - 2022 points Monthly

News Stream
Malaysia Manufacturing Growth Eases to 3-Month Low
The S&P Global Malaysia Manufacturing PMI decreased to 50.3 in August 2022 from 50.6 in the prior month. It was the weakest growth in the sector since May, as output levels were scaled back for the first time in three months, while new orders continued to improve and registered the strongest rise since April, though the rate of growth was still only mild. Export orders fell at the fastest rate in a year amid weak global economic conditions. Meanwhile, employment declined for the seventh successive month, as goods producers cited the non-replacement of voluntary leavers, often reflecting labour market shortages. On prices, input price inflation slowed to the lowest since September 2021, due to lower prices for a wide variety of inputs. As a result, factory gate inflation eased to the softest pace in 12 months. Lastly, sentiment strengthened to a seven-month high, amid hopes demand conditions would continue to improve as the pandemic was brought fully under control.
2022-09-01
Malaysia Manufacturing PMI Rises to 3-Month High
The S&P Global Malaysia Manufacturing PMI increased to 50.6 in July 2022 from 50.4 in the prior month, pointing to the third straight month of expansion in the sector, and the strongest growth since April, as production returned to growth territory for the first time in seven months, amid the strongest rise in new orders in three months, albeit with rates of growth subdued. Meanwhile, employment declined for the sixth successive month, though the rate of job shedding was only marginally. On prices, input price inflation eased to the softest rate since last September, due to rises in prices of some raw materials. As a result, factory gate inflation slowed to the softest since February. Lastly, sentiment strengthened to the highest since February, amid hopes of stronger recovery demand once price and supply pressures ease following the lifting of COVID-19 restrictions.
2022-08-01
Malaysia Manufacturing Growth Accelerates
The S&P Global Malaysia Manufacturing PMI increased to 50.4 in June 2022 from 50.1 in the prior month, pointing to the third straight month of expansion in the sector, as production levels stabilised for the first time in five months, while new orders rose for the third month running, albeit only fractionally. Employment declined modestly, mainly due to the non-replacement of voluntary leavers and a lack of available worker from abroad, as demand conditions were subdued. On prices, input price inflation accelerated for the first time in three months to the fastest since January, due to rises in prices of raw material and freight costs. As a result, output charges rose to the quickest pace in three months, as firms continued to partially pass higher cost burdens on to customers. Lastly, sentiment weakened to a ten-month low due to concerns about the timing of full global recovery and the impact of higher prices.
2022-07-01