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Malaysia’s manufacturing PMI declines further to 47.8 in December 2022

KUALA LUMPUR, Jan. 3 (Xinhua) — The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) stood at 47.8 in December last year, slipping from 47.9 in November to mark a fourth consecutive softening of operating conditions across the Malaysian manufacturing sector.

S&P Global said in a note on Tuesday that Malaysia’s manufacturing sector continued to face challenging business cond