Looking ahead, it said Malaysian manufacturers are cautiously optimistic regarding the outlook for output in the coming year.
KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 49.1 in December 2020 from 48.4 in November 2020, indicating an improvement in the health of the country’s manufacturing sector.
The latest reading was the highest seen since August 2020, said IHS Markit in a statement yesterday.
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