The IHS Markit Malaysia Manufacturing PMI edged up to 52.3 in November 2021 from 52.2 in the prior month. This was the second straight month of growth in factory activity and the strongest since April, as the economy recovered from the latest wave of virus infections. Both output and new orders continued to expand at the fastest pace in seven months, amid easing COVID-19 restrictions. Export sales remained subdued, though the pace of reduction was the softest in this sequence. At the same time, employment rose for the first time since March, mainly due to firms reporting an additional capacity was required to fulfill incoming orders. On inflation, input prices rose at the sharpest pace since May, boosted by a rise in prices of raw materials and higher freight costs. Meanwhile, output charges accelerated to a seven-month high. Going forward, confidence strengthened, due to hopes that national and international pandemic restrictions would lift and aid a recovery in production and sales. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.26 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 December 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.

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Malaysia Manufacturing PMI


Related Last Previous Unit Reference
Manufacturing PMI 52.30 52.20 points Nov/21

News Stream
Malaysia Manufacturing PMI Highest in 7 Months
The IHS Markit Malaysia Manufacturing PMI edged up to 52.3 in November 2021 from 52.2 in the prior month. This was the second straight month of growth in factory activity and the strongest since April, as the economy recovered from the latest wave of virus infections. Both output and new orders continued to expand at the fastest pace in seven months, amid easing COVID-19 restrictions. Export sales remained subdued, though the pace of reduction was the softest in this sequence. At the same time, employment rose for the first time since March, mainly due to firms reporting an additional capacity was required to fulfill incoming orders. On inflation, input prices rose at the sharpest pace since May, boosted by a rise in prices of raw materials and higher freight costs. Meanwhile, output charges accelerated to a seven-month high. Going forward, confidence strengthened, due to hopes that national and international pandemic restrictions would lift and aid a recovery in production and sales.
2021-12-01
Malaysia Manufacturing Sector Returns to Growth
The IHS Markit Malaysia Manufacturing PMI was up to 52.2 in October 2021 from 48.1 in the prior month, pointing to the first expansion in the sector in 5 months. The latest reading also hit the highest level since April, amid a swift recovery in the economy from the latest wave of virus infections. Output rose for first time in six months, while new orders grew the most since April. Export sales remained subdued, though the pace of reduction was the softest since May. At the same time, employment fell marginally, mainly due to firms reporting a lack of available staff. On inflation, input prices rose at the sharpest pace since May, and output charges accelerated at the fastest pace since April, amid a faster rise in raw material prices. Going forward, confidence remained positive, due to hopes of a domestic and external demand recovery in demand should the pandemic continue to dissipate.
2021-11-01
Malaysia Manufacturing Shriks at Softer Pace
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.
2021-10-01

Malaysia Manufacturing PMI
The IHS Markit Malaysia Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.