Malaysia’s manufacturing PMI at 48.5 in October

IHS Markit said the composite single-figure indicator of manufacturing performance fell to 48.5 from 49.0 in September.

PETALING JAYA: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) dipped for the fourth successive month in October as rising Covid-19 case numbers and renewed restrictions to try to prevent its spread stymied the manufacturing sector’s recovery.

IHS Markit said the composite single-figure indicator of manufacturing performance fell to 48.5 from 49.0 in September.