The IHS Markit Malaysia Manufacturing PMI was up to 43.4 in August 2021 from 40.1 in the prior month. This was the third straight month of contraction in the manufacturing sector but the least in the sequence, reflecting an easing in COVID-19 lockdown measures. Output dropped the least since May, and new orders shrank at the softest rate in the current three-month sequence of falls. Meantime, export sales failed to gather momentum, as virus cases rose in key external markets. At the same time, there was a renewed fall in employment, while backlogs of work increased after falling in July. On inflation, input cost inflation eased to a nine-month low yet remained steep overall, with output charges rising for th 15th month running and at a modest pace. Going forward, confidence hit its highest since April on optimism that the worst of the pandemic has passed. source: Markit Economics
Manufacturing PMI in Malaysia averaged 48.21 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 September 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.