IHS Markit: Malaysia's PMI edges up to 40.1 in July

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of the manufacturing performance, edged up to 40.1 in July from 39.9 in June 2021.

Remaining well below the 50.0 no-change level, the latest reading pointed to a steep decline in operating conditions, albeit one that was fractionally softer than that seen in June, IHS Markit said in a research note today.