empty
 
 

2020.06.0101:05:00UTC+00Malaysia Manufacturing PMI Recovers In May - IHS Markit

The manufacturing sector in Malaysia continued to contract in May, albeit at a much slower rate, the latest survey from IHS Markit revealed on Monday with a manufacturing PMI score of 45.6.

That's up sharply from the record low 31.3 in April, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders and output fell at considerably weaker rates in May, although the COVID-19 pandemic led to further supply chain disruption.

The deterioration in demand was solid, although significantly weaker than seen in April. Of the minority of companies that recorded sales growth, clients reopening their businesses had led to new work intakes.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback