The S&P Global Malaysia Manufacturing PMI increased to 50.4 in June 2022 from 50.1 in the prior month, pointing to the third straight month of expansion in the sector, as production levels stabilised for the first time in five months, while new orders rose for the third month running, albeit only fractionally. Employment declined modestly, mainly due to the non-replacement of voluntary leavers and a lack of available worker from abroad, as demand conditions were subdued. On prices, input price inflation accelerated for the first time in three months to the fastest since January, due to rises in prices of raw material and freight costs. As a result, output charges rose to the quickest pace in three months, as firms continued to partially pass higher cost burdens on to customers. Lastly, sentiment weakened to a ten-month low due to concerns about the timing of full global recovery and the impact of higher prices. source: Markit Economics
Manufacturing PMI in Malaysia averaged 48.52 points from 2015 until 2022, 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 2022.
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 2023, according to our econometric models.