Malaysia's Manufacturing PMI Declines in May, S&P Global Says

MT Newswires Live

06/02

Malaysia's manufacturing sector contracted in May, S&P Global said Tuesday.

The latest seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index was 49.9, compared with 51.6 in April.

The reading showed weakness in the demand conditions as price hikes for goods dampened sales growth.

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