Malaysia's manufacturing PMI up sharply to 51 in June

Chief business economist Chris Williamson said the Malaysian manufacturing sector showed encouraging signs of recovery in June.

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June 2020 from 45.6 in May 2020, its highest since September 2018.

In a note on Tuesday, IHS Markit said this indicated an improvement in the health of Malaysia's goods-producing sector and stronger economic growth more generally.