Manufacturing likely to remain under pressure

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PETALING JAYA: The country’s manufacturing sector is expected to remain under pressure through the second half of 2021 (H2’21) due to uncertainties arising from the high number of Covid-19 cases and the movement restriction measures.

The headline IHS Markit Malaysia manufacturing Purchasing Managers’ Index (PMI) remained in the contraction region of below 50 for the third consecutive month in August, with a reading of 43.4 points, an improvement from 40.1 points in July.