Manufacturing PMI edges up as demand improves

S&P Global Market Intelligence economist Usamah Bhatti said August’s PMI data indicate that demand conditions in Malaysia’s manufacturing sector improved midway through the third quarter.

PETALING JAYA: The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) edged up to 49.9 in August from 49.7 in July.

The reading signalled a broad stabilisation in the health of the manufacturing sector and was the highest since June 2024.