empty
 
 

2022.05.0500:50:00UTC+00Malaysia Manufacturing Sector Swings To Expansion In April - S&P

The manufacturing sector in Malaysia moved back into expansion territory in April, the latest survey from S&P Global showed on Thursday with a PMI score of 51.6.

That's up from 49.6 in March, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Although output levels remained subdued, incoming orders recovered strongly to register the sharpest rise since April 2014 amid improved client confidence. Despite the rise in demand, manufacturers continued to scale down workforce numbers as international border restrictions hampered the ability of firms to hire from abroad. As a result, the rate of job losses quickened.

Businesses also noted concern that sustained price and supply pressures had hampered operations, with material shortages and delivery delays widespread. This played on firms' expectations regarding future output, which fell to the lowest since last August.

  • 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