KUALA LUMPUR, Feb 3 — The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 48.7 in January 2025, signalling a sustained and modest...
Ops Sky: Actor Jalaluddin Hassan says ready to cooperate with MACC; singer Ziana Zain keeps mum on financial consultancy probeS&P Global Market Intelligence economist Usamah Bhatti said that in response to current demand conditions, manufacturing firms opted to lower their selling prices as part of attempts to stimulate sales. ― Picture by Sayuti ZainudinKUALA LUMPUR, Feb 3 — The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index rose to 48.
“Production levels were subdued in the latest survey month, with the respective seasonally adjusted index remaining below the neutral 50.0 mark. Output has now been scaled back for eight months in succession, with the latest moderation the most pronounced since December 2023,” it said in a statement here today.
Moving forward, S&P Global said sentiment in the Malaysian manufacturing sector was positive at the start of 2025 with hopes of better demand conditions underpinned by predictions of output growth in the year ahead. He added that the reduction was the first since June 2023 and – while only modest – was the strongest seen for a decade.
Manufacturing Activity Jan 2025
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