S&P Global: Malaysia factory activity shrinks further in Dec. ’24

The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) fell from 49.2 in November to 48.6 in December, showing a slight slowdown in the Malaysian manufacturing sector.

The most recent PMI data indicates that GDP growth in the last quarter of the year persisted, although at a reduced pace, and also showed ongoing year-on-year enhancements in official manufacturing production.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser