IHS Markit said manufacturing production rose for the second month running in July, with respondents linking higher output to signs of an improving trend in new orders following an easing of the movement control order.
KUALA LUMPUR: The recovery in the Malaysian manufacturing sector continued in July and firms expect market demand to strengthen over the coming year, supporting overall confidence in the 12-month outlook for production.
In a note, IHS Markit said after rising at a joint record pace in June, output continued to expand in the latest survey period, with trends in new orders much improved since the nadir of the COVID-19 downturn in April.
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