The IHS Markit Malaysia Manufacturing PMI plunged to 39.9 in June 2021 from 51.3 in May. This was the lowest reading since April 2020, as the recent rise in local COVID-19 cases led to the reintroduction of stricter curbs. Both output and new orders moderated the most since the pandemic emerged in April 2020; while foreign demand was subdued. Buying level dropped at a steeper rate in over a year as manufacturers utilized existing stocks of pre-and post-production inventories. Employment fell slightly as firms try to reduce outstanding business, with the resulting rate of backlog depletion was the fastest since February. Meantime, input cost rose for the 13th month running, with the pace of inflation remaining sharp. Selling prices also went up for the 13th month in a row, though the latest reading was the softest since February. Lastly, sentiment turned negative for the first time since March 2020, with the figure hitting a record low. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.39 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 July 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. Looking forward, we estimate Manufacturing PMI in Malaysia to stand at 52.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
39.90 51.30 53.90 31.30 2015 - 2021 points Monthly


News Stream
Malaysia Manufacturing PMI Slumps to 14-Month Low
The IHS Markit Malaysia Manufacturing PMI plunged to 39.9 in June 2021 from 51.3 in May. This was the lowest reading since April 2020, as the recent rise in local COVID-19 cases led to the reintroduction of stricter curbs. Both output and new orders moderated the most since the pandemic emerged in April 2020; while foreign demand was subdued. Buying level dropped at a steeper rate in over a year as manufacturers utilized existing stocks of pre-and post-production inventories. Employment fell slightly as firms try to reduce outstanding business, with the resulting rate of backlog depletion was the fastest since February. Meantime, input cost rose for the 13th month running, with the pace of inflation remaining sharp. Selling prices also went up for the 13th month in a row, though the latest reading was the softest since February. Lastly, sentiment turned negative for the first time since March 2020, with the figure hitting a record low.
2021-07-01
Malaysia Manufacturing Sector Grows for 2nd Month
The IHS Markit Malaysia Manufacturing PMI dropped to 51.3 in May 2021 from a record high of 53.9 in April. This was the second straight month of expansion in the sector, and the first time back to-back monthly improvements since mid-2018. New orders grew for the second consecutive month, despite the pace of the expansion eased from April as the latest restrictions dampened client confidence. As a result, output volumes were scaled back, though the pace of moderation was only marginal. Also, export sales growth eased, as COVID-19 related disruptions in international markets intensified as infections rose in many countries. Meantime, employment fell slightly for the second month in a row. Input cost inflation accelerated for the twelfth straight month, while output charges also increased, as firms partially passed higher costs to customers. Looking ahead, confidence hit its lowest in four months, amid new restrictions and ongoing supply disruption.
2021-06-01
Malaysia Manufacturing PMI Rises to Record High
The IHS Markit Malaysia Manufacturing PMI rose to a record high of 53.9 in April 2021 from 49.9 in March. This was the first rise in the sector since July 2020, amid a steady recovery from a pandemic. Output grew for the first time in nine months, rising at the strongest pace since June 2020; and new orders returned to expansion, the first since September 2018, with the pace of the increase the steepest in seven years. Also, export sales rose for the first time since November 2019, as demand across Asia and the US recovered. Meantime, there was a renewed fall in employment. Input cost inflation rose to its highest in over four years; while output charges went up for the 11th month in a row. Meantime, firms bought larger quantities to protect themselves from disruption, while holding increased stocks of raw materials. Looking ahead, confidence hit its highest since August 2019, amid hopes that a successful vaccination program would induce a broader recovery.
2021-05-03
Malaysia Manufacturing PMI Rises to 8-Month High
The IHS Markit Malaysia Manufacturing PMI increased to 49.9 in March of 2021 from 47.7 in February. This was the eighth straight month of contraction in the sector but the smallest contraction in the current sequence, with the headline Index reaching its highest since July 2020. Although production levels and new orders moderated further due to weak demand and ongoing supply chain disruption from the COVID-19 pandemic, employment levels returned to expansion territory for the first time since March 2020. Meanwhile, new export sales dropped to the softest recorded since June 2020. Input costs inflation accelerated to the fastest in nearly four years, due to higher in both raw materials and freight costs. As a result, the selling price rose at the fastest pace since March 2017. Looking ahead, sentiment strengthened to the highest in six months, amid hopes that a recovery in both domestic and external demand would boost production levels and sales.
2021-04-01

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.