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Malaysia’s manufacturing sector loses further momentum in October

november 02, 2022by Reacties uitgeschakeld voor Malaysia’s manufacturing sector loses further momentum in October

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KUALA LUMPUR, Nov. 2 (Xinhua) — S&P Global Market Intelligence said the seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) slipped from 49.1 in September to 48.7 in October, indicating a slight moderation.

The research house said in a statement the latest PMI reading is representative of approximately 5 percent year-on-year growth of gross domestic product (GDP) in Malaysia,

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