The country’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. The 2.7% decline was better than consensus expectation of a 3.7% contraction
PETALING JAYA: Malaysia’s November manufacturing purchasing managers’ index (PMI) 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.
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