Malaysia's PMI ticks down

PETALING JAYA: Malaysia posted a mild decline in the headline IHS Markit Manufacturing PMI in March, relative to the rest of the Asean region which saw PMI falling to a record low last month.

According to the latest data, Malaysia’s manufacturing PMI fell 0.1 in March to 48.4 from 48.5 in February, as the Covid-19 pandemic continued to cause demand and supply disruptions to the industry.