malaymail.com 03 May, 2021 03:30 am

IHS Markit Malaysia Manufacturing PMI rises to 53.9 in April

IHS Markit Malaysia Manufacturing PMI rises to 53.9 in April
KUALA LUMPUR, May 3 — The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 53.9 in April from 49.9 in March, indicating a solid improvement in the health of the manufacturing sector.   The PMI is a composite single-figure indicator of manufacturing...

April data suggested that output grew for the first time in nine months and the pace of growth was the strongest since June 2020, IHS Markit chief business economist Chris Williamson said.IHS Markit chief business economist Chris Williamson said the expansion was the strongest recorded since the survey began in July 2012.Williamson said supply-side constraints have developed further, however, acting as a damper on growth and could restrict the recovery.On prices, Williamson said input costs increased for the 11th consecutive month in April, reflecting higher prices of raw materials and logistics.

KUALA LUMPUR, May 3 — The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 53.April data suggested that output grew for the first time in nine months and the pace of growth was the strongest since June 2020, he said.

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