Manufacturing sector showing improvement, business confidence at seven-month high - S&P

KUALA LUMPUR: There were some tentative signs of improvement in the Malaysian manufacturing sector, resulting in less pronounced slowdowns in new orders output and employment while business confidence reached a seven-month high, said S&P Global.

It said the inflation rates of both input costs and output prices ticked higher, often due to the weakness of the ringgit against the US dollar, but they remained relatively muted.