KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4 in March, indicating a softer downturn in the country's manufacturing sector.
"The latest PMI data suggests that GDP growth is running at a slightly improved rate than that seen at the end of 2023, as well as pointing to modest year-on-year improvements in official manufacturing production data," S&P Global said in a statement today.
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