KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) fell to 39.9 in June, from 51.3 in May, pointing to a sharp decline in business conditions in the manufacturing sector, according to IHS Markit.
In a statement Thursday, IHS Markit said the Malaysian manufacturing sector lost considerable momentum at the end of the second quarter of 2021, as Covid-19 infections led to the reintroduction of stricter containment measures.
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