The S&P Global Malaysia Manufacturing PMI stood at 48.8 in April 2023, unchanged from the previous period. Still, it indicated the 8th straight contraction but the softest fall since last September. Demand remained generally subdued, pressuring firms to limit production and scale back their purchasing activity. New orders moderated for the eighth consecutive month, but new export orders increased. Employment rose for the fourth time to a seven-month high. Delivery times were shortened for the fourth month and to the greatest extent in the past decade. On the pricing front, cost burdens grew the least in the current 34-month sequence of input price inflation. Meanwhile, selling prices ticked lower, ending three months of inflation. Lastly, confidence eased to a four-month bottom amid the subdued demand environment. source: Markit Economics
Manufacturing PMI in Malaysia averaged 48.53 points from 2015 until 2023, 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 2023.
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. In the long-term, the Malaysia Manufacturing PMI is projected to trend around 49.00 points in 2024, according to our econometric models.