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.