IHS Markit: Malaysia's PMI edges up to 48.1 in September

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 48.1 in September from 43.4 in August.

IHS Markit, in a statement Friday, said while the latest reading remained below the neutral 50.0 level to signal a further loss of momentum in the sector, the rate of deterioration eased significantly compared to the prior three months.