Malaysia Manufacturing Sector Expands In June – IHS Markit

Black Lives Matter

The manufacturing sector in Malaysia swung back to expansion in June, the latest survey from IHS Markit revealed on Wednesday with a manufacturing PMI score of 51.1.

That’s up from 42.7 in May, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output growth matched a survey record as factory output rebounded sharply.

The downturn in demand slowed following the easing of lockdown restrictions, while business confidence climbed amid improved economic conditions.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Leave a Reply