The IHS Markit Malaysia Manufacturing PMI was up to 48.1 in September 2021 from 43.4 in the prior month. This was the fourth straight month of contraction in the manufacturing sector but the least in the sequence, reflecting an easing in COVID-19 lockdown measures. Both output volumes and new order inflows continued to be scaled back in September, though rates of decline both eased to the softest in four months. Export sales also moderated, but at softer pace than new orders. Meantime, the reduction in new export orders was only mild, and eased to the softest since May. At the same time, employment fell slightly for the second month in a row, amid strict border restrictions. On inflation, both input prices and output charges rose at the fastest pace since May, amid a faster rise in raw material prices. Going forward, confidence hit its highest since April amid hopes that the end of the pandemic would encourage new projects to begin and aid a broad-based recovery in market demand. source: Markit Economics
Manufacturing PMI in Malaysia averaged 48.21 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 October of 2021.
Manufacturing PMI in Malaysia is expected to be 51.00 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 2022, according to our econometric models.