The IHS Markit Malaysia Manufacturing PMI rose to a record high of 53.9 in April 2021 from 49.9 in March. This was the first rise in the sector since July 2020, amid a steady recovery from a pandemic. Output grew for the first time in nine months, rising at the strongest pace since June 2020; and new orders returned to expansion, the first since September 2018, with the pace of the increase the steepest in seven years. Also, export sales rose for the first time since November 2019, as demand across Asia and the US recovered. Meantime, there was a renewed fall in employment. Input cost inflation rose to its highest in over four years; while output charges went up for the 11th month in a row. Meantime, firms bought larger quantities to protect themselves from disruption, while holding increased stocks of raw materials. Looking ahead, confidence hit its highest since August 2019, amid hopes that a successful vaccination program would induce a broader recovery. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.46 points from 2015 until 2021, 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 May of 2021.

Manufacturing PMI in Malaysia is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Malaysia to stand at 52.00 in 12 months time. In the long-term, the Malaysia Manufacturing PMI is projected to trend around 51.00 points in 2022, according to our econometric models.

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Malaysia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
53.90 49.90 53.90 31.30 2015 - 2021 points Monthly


News Stream
Malaysia Manufacturing PMI Rises to Record High
The IHS Markit Malaysia Manufacturing PMI rose to a record high of 53.9 in April 2021 from 49.9 in March. This was the first rise in the sector since July 2020, amid a steady recovery from a pandemic. Output grew for the first time in nine months, rising at the strongest pace since June 2020; and new orders returned to expansion, the first since September 2018, with the pace of the increase the steepest in seven years. Also, export sales rose for the first time since November 2019, as demand across Asia and the US recovered. Meantime, there was a renewed fall in employment. Input cost inflation rose to its highest in over four years; while output charges went up for the 11th month in a row. Meantime, firms bought larger quantities to protect themselves from disruption, while holding increased stocks of raw materials. Looking ahead, confidence hit its highest since August 2019, amid hopes that a successful vaccination program would induce a broader recovery.
2021-05-03
Malaysia Manufacturing PMI Rises to 8-Month High
The IHS Markit Malaysia Manufacturing PMI increased to 49.9 in March of 2021 from 47.7 in February. This was the eighth straight month of contraction in the sector but the smallest contraction in the current sequence, with the headline Index reaching its highest since July 2020. Although production levels and new orders moderated further due to weak demand and ongoing supply chain disruption from the COVID-19 pandemic, employment levels returned to expansion territory for the first time since March 2020. Meanwhile, new export sales dropped to the softest recorded since June 2020. Input costs inflation accelerated to the fastest in nearly four years, due to higher in both raw materials and freight costs. As a result, the selling price rose at the fastest pace since March 2017. Looking ahead, sentiment strengthened to the highest in six months, amid hopes that a recovery in both domestic and external demand would boost production levels and sales.
2021-04-01
Malaysia Manufacturing Shrinks the Most in 9 Months
The IHS Markit Malaysia Manufacturing PMI declined to 47.7 in February of 2021 from 48.9 in January. This was the seventh straight month of contraction in the sector and the steepest contraction since May last year as both output and new orders scaled back again, amid the stricter restrictions to contain the spread of the coronavirus. Meanwhile, new export sales dropped at a softer pace than total new orders. At the same time, employment declined at a softer pace, as manufacturers noted a renewed slowdown in the level of backlogs in February following a stabilisation in January. Input costs increased for the ninth consecutive month, due to shortages of raw materials. As a result, output charges accelerated modestly. Looking ahead, sentiment strengthened to the highest for five months, amid hopes that end of the pandemic.
2021-03-01
Malaysia Factory Activity Shrinks for 6th Month
The IHS Markit Malaysia Manufacturing PMI declined to 48.9 in January of 2021 from 49.1 in December 2020. This was the sixth straight month of contraction as both output and new orders remained subdued, amid the stricter restrictions to contain the spread of the coronavirus. Meanwhile, new export orders saw a further moderation in January, and to a greater extent than total new business as disruption in international markets strengthened as infections rose. At the same time, manufacturers recorded a stabilisation in backlogs of work in the latest survey period following 28 months of depletion. Input costs increased to the fastest since May 2017. As a result, output charges accelerated to the quickest pace since April 2018. Looking ahead, sentiment weakened to the softest seen for five months, as worries about the impact of the pandemic intensified again during the month, in part due to concerns over recoveries being hindered by new variants of the virus.
2021-02-01

Malaysia Manufacturing PMI
The IHS Markit 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.