November manufacturing PMI dips to lowest since May

Impact of Covid-19 pandemic: Malaysia’s economy in the third quarter contracted at a smaller pace of 2.7% in the third quarter ended Sept 30, 2020 compared with the 17.1% plunge in the second quarter.

KUALA LUMPUR: Malaysia's November manufacturing purchasing managers’ index fell to 48.4 from 48.5 in October, according to IHS Markit data.

According to Bloomberg, the index was down from 49.5 a year ago and it was the lowest reading since May this year.