The S&P Global Malaysia Manufacturing PMI dropped to 50.1 in May 2022 from 51.6 in the prior month, signalling a stagnation in manufacturing operating conditions, as new order growth eased sharply, while output volumes were scaled back for fifth consecutive month, amid raw material shortages and rising prices. At the same time, input purchasing fell, amid supply chain disruption, as shortages of freight capacity and raw materials were exacerbated by renewed lockdown restrictions in China. Employment dropped at the fastest pace since August 2020, as business continued to report difficulty in sourcing foreign workers, with backlogs of work rising at the fastest pace in six months. On prices, input prices rose, due to increases in prices of raw material while output charges rose, as firms continued to partially pass higher cost burdens on to clients. Lastly, sentiment improved from April's eight-month low, amid hopes that end of the pandemic would encourage a full easing of restrictions. source: Markit Economics

Manufacturing PMI in Malaysia averaged 48.49 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 June 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.

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Malaysia Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.10 51.60 points May 2022

Malaysia Manufacturing PMI
The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
50.10 51.60 53.90 31.30 2015 - 2022 points Monthly

News Stream
Malaysia Manufacturing Stagnates
The S&P Global Malaysia Manufacturing PMI dropped to 50.1 in May 2022 from 51.6 in the prior month, signalling a stagnation in manufacturing operating conditions, as new order growth eased sharply, while output volumes were scaled back for fifth consecutive month, amid raw material shortages and rising prices. At the same time, input purchasing fell, amid supply chain disruption, as shortages of freight capacity and raw materials were exacerbated by renewed lockdown restrictions in China. Employment dropped at the fastest pace since August 2020, as business continued to report difficulty in sourcing foreign workers, with backlogs of work rising at the fastest pace in six months. On prices, input prices rose, due to increases in prices of raw material while output charges rose, as firms continued to partially pass higher cost burdens on to clients. Lastly, sentiment improved from April's eight-month low, amid hopes that end of the pandemic would encourage a full easing of restrictions.
2022-06-01
Malaysia Manufacturing Returns to Growth
The S&P Global Malaysia Manufacturing PMI increased to 51.6 in April 2022 from 49.6 in the prior month, signalling a renewed increase in growth, led by a sharp recovery in new order volumes, with growth of new business hitting an eight-year high. Meanwhile, output was scaled back for the fourth month running. That said, the rate of moderation softened from March and was only mild. At the same time, purchasing grew to the fastest since last December, due to deterioration in vendor performance eased to a ten-month low. Employment fell at the fastest pace since last December, as business continued to report difficulty obtaining foreign work permits for staff from abroad due to ongoing border restrictions. On prices, input cost inflation slowed but remained marked overall, while output charges accelerated steeply. Lastly, sentiment weakened to an eight-month low, mainly over concerns that price rises and material shortages could continue to hinder productions levels.
2022-05-05
Malaysia Manufacturing PMI Drops to 6-Month Low.
The S&P Global Malaysia Manufacturing PMI fell to 49.6 in March 2022 from 50.9 in the prior month, pointing to the first decline since last September. Both output and new orders moderated for the third month running and at faster rates; while export orders were muted, reducing at the quickest rate for six months amid container shortage and subdued overseas demand. Further, both purchases and stocks of raw materials and other inputs fell, due to shortages of materials and delays in shipments. On prices, input cost inflation accelerated for the first time in three months and was marked overall, and factory gate inflation hit its highest since April 2021. Both input costs and output prices have now risen consistently for 22 months. Lastly, sentiment waned to the softest since last October, on concerns over the war in Ukraine that would further exacerbate price and supply pressures.
2022-04-01