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.