KUALA LUMPUR: Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.
In a statement today, the global market research firm said according to its survey, demand conditions in the Malaysian manufacturing sector remained subdued in April, with production and new order inflows continuing to moderate.
