The IHS Markit Malaysia Manufacturing PMI climbed to 52.8 in December 2021 from 52.3 in the previous month, as operating conditions improved at the quickest rate since April. Businesses reported faster expansions in both production levels and new orders as the manufacturing economy rebounded following the lifting of pandemic restrictions and demand recovered. New export sales also returned to expansion territory in December, as stronger demand in the US and China contributed to a fractional rise in new business from abroad. Despite the additional pressure on production lines, manufacturers scaled down workforces in December. Moreover, businesses continued to report severely disrupted supply chains, resulting to steep increases in input costs. Looking ahead, Malaysian manufacturers remained optimistic regarding the year-ahead outlook for output, underpinned by hopes that the pandemic would subside and induce a broad recovery in supply chains and the economy. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.37 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 January of 2022.

Manufacturing PMI in Malaysia is expected to be 52.00 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 52.80 52.30 points Dec/21

News Stream
Malaysia Manufacturing PMI Rises to 8-Month High
The IHS Markit Malaysia Manufacturing PMI climbed to 52.8 in December 2021 from 52.3 in the previous month, as operating conditions improved at the quickest rate since April. Businesses reported faster expansions in both production levels and new orders as the manufacturing economy rebounded following the lifting of pandemic restrictions and demand recovered. New export sales also returned to expansion territory in December, as stronger demand in the US and China contributed to a fractional rise in new business from abroad. Despite the additional pressure on production lines, manufacturers scaled down workforces in December. Moreover, businesses continued to report severely disrupted supply chains, resulting to steep increases in input costs. Looking ahead, Malaysian manufacturers remained optimistic regarding the year-ahead outlook for output, underpinned by hopes that the pandemic would subside and induce a broad recovery in supply chains and the economy.
2022-01-03
Malaysia Manufacturing PMI Highest in 7 Months
The IHS Markit Malaysia Manufacturing PMI edged up to 52.3 in November 2021 from 52.2 in the prior month. This was the second straight month of growth in factory activity and the strongest since April, as the economy recovered from the latest wave of virus infections. Both output and new orders continued to expand at the fastest pace in seven months, amid easing COVID-19 restrictions. Export sales remained subdued, though the pace of reduction was the softest in this sequence. At the same time, employment rose for the first time since March, mainly due to firms reporting an additional capacity was required to fulfill incoming orders. On inflation, input prices rose at the sharpest pace since May, boosted by a rise in prices of raw materials and higher freight costs. Meanwhile, output charges accelerated to a seven-month high. Going forward, confidence strengthened, due to hopes that national and international pandemic restrictions would lift and aid a recovery in production and sales.
2021-12-01
Malaysia Manufacturing Sector Returns to Growth
The IHS Markit Malaysia Manufacturing PMI was up to 52.2 in October 2021 from 48.1 in the prior month, pointing to the first expansion in the sector in 5 months. The latest reading also hit the highest level since April, amid a swift recovery in the economy from the latest wave of virus infections. Output rose for first time in six months, while new orders grew the most since April. Export sales remained subdued, though the pace of reduction was the softest since May. At the same time, employment fell marginally, mainly due to firms reporting a lack of available staff. On inflation, input prices rose at the sharpest pace since May, and output charges accelerated at the fastest pace since April, amid a faster rise in raw material prices. Going forward, confidence remained positive, due to hopes of a domestic and external demand recovery in demand should the pandemic continue to dissipate.
2021-11-01

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.