PMI pressure points to continue

Despite a potential recovery in China’s economy, it is likely that the Malaysian PMI will continue to remain soft for the time being, says Lee.

PETALING JAYA: The Malaysian Manufacturing Purchasing Managers’ Index (PMI) is likely to stay at subdued levels below the key 50 threshold level following the decline seen in other major economies such as the United States and Japan.

Despite a potential recovery in China’s economy, it is likely that the Malaysian PMI will continue to remain soft for the time being, Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said.