Manufacturing sector still subdued for now


MBSB Research pointed out that the weaker October PMI points to a possible moderation in industrial production growth, suggesting softer momentum going forward.

PETALING JAYA: Malaysia’s manufacturing activity is anticipated to stabilise in the coming months, as analysts project improving confidence and resilient domestic demand will offset external headwinds.

Although October’s weaker purchasing managers’ index (PMI) signalled subdued operating conditions, research houses expect the sector to find firmer footing heading into next year, supported by policy continuity and regional trade diversification.

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