Manufacturing growth slowed last month in economies as diverse as France, Japan to Malaysia


Employees work on the production line during an organised media tour to a Schneider Electric factory in Beijing, China February 17, 2022. - Reuters

Global growth in factory activity slowed in May as China's strict coronavirus curbs and Russia's invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already struggling with surging raw material prices.

Manufacturing growth slowed last month in economies as diverse as France, Japan to Malaysia, business surveys showed on Wednesday, illustrating the challenge policymakers face in trying to combat inflation while not stifling anaemic economic activity.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , Malaysia , France , manufacturing , slows , Ukraine , war , Covid ,

Next In Business News

Malaysia stronger today after major fiscal reforms - SC chairman
Nuenergy to invest in 21 MWP solar facilities across 49 rooftop sites
Ringgit ends higher against most major, Asean currencies
GFM unit's release order value revised to RM104.2mil for Pengerang Integrated Complex
Tunku Kamariah resigns from Techna-X
BMS Holdings enters JV deal to distribute tiles, building materials
FBM KLCI snaps four-day losing streak, closes at intraday high
YES Group receives nod for listing on Bursa Malaysia's ACE Market
G3 Global secures RM3.37mil IT immigration project orders
Exsim Hospitality secures RM42.48mil contract for building works

Others Also Read