KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) fell to 48.6 in December 2024 from 49.2 in November, with cost increases at their slowest pace in over four-and-a-half years, since June 2020.
A PMI reading above 50 indicates overall growth from the previous month, while a reading below 50 signals contraction.
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