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Malaysia’s manufacturing PMI remains unchanged at 47.8 in August

KUALA LUMPUR, Sept. 1 (Xinhua) — The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) was unchanged at 47.8 in August, signaling that business conditions remained challenging for manufacturing firms.

S&P Global Market Intelligence said in a statement on Friday that the latest PMI reading suggests that gross domestic product (GDP) growth is running at a similar level to that