KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 46.8 in October, and signalled an easing of business conditions for the fourteenth consecutive month.
S&P Global Market Intelligence said the historical relationship between the PMI and official gross domestic product (GDP) data suggests that GDP is still set to improve modestly as we move into the final quarter of the year.
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