Steady but moderate pace of sales expansion

Rakuten Trade's Lau said the impact of any US trade tariffs on local manufacturing players should be minimal.

PETALING JAYA: Analysts are cautiously optimistic about the outlook for the local manufacturing sector, buoyed by the growth momentum of the country from 2024 but they are uncertain about the effects of US President Donald Trump’s message to impose “reciprocal tariffs”.

BIMB Securities is expecting Malaysia’s industrial production index (IPI) and manufacturing sales to grow at a steady but moderate pace, driven by domestic stability.