The seasonally adjusted S&P Global Malaysia manufacturing PMI rose to 49.3 in June, up from 48.8 in May.
KUALA LUMPUR: Business conditions in the manufacturing sector moved closer to stabilisation at the end of the first half of 2025, according to S&P Global Market Intelligence.
In a note, the firm said the latest S&P Global Malaysia manufacturing purchasing managers’ index (PMI) reading suggested that the modest growth seen in official gross domestic product in the first quarter of 2025 was sustained into the second quarter.
“The data also suggests that the expansion in manufacturing production continued throughout the second quarter,” it said.
The seasonally adjusted S&P Global Malaysia manufacturing PMI rose to 49.3 in June, up from 48.8 in May.
S&P Global economist Usamah Bhatti said June data indicated a gradual move towards stabilisation in the health of the Malaysian manufacturing sector, although operating conditions remained challenging. — Bernama
