Recovery Continues in Malaysia’s Manufacturing Sector: IHS Markit

In its latest survey in July 2020, IHS Markit noted a continued recovery in Malaysia’s manufacturing sector, with the headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) recorded at 50.0 in July 2020, down marginally compared to 51.0 recorded in June 2020.

IHS Markit stated that July’s reading was well above the indices recorded during the height of the COVID-19 pandemic, and was also above IHS Markit’s long-run average index of 49.0.

With the increase in manufacturing output in July 2020 marking the second consecutive month of production increases, IHS Markit, survey respondents expressed their confidence in the twelve month production...