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Malaysia Manufacturing Sector Tumbles In March

The manufacturing sector in Malaysia continued to contract in March, and at a faster rate, the latest survey from IHS Markit revealed on Wednesday with a manufacturing PMI score of 48.4.

That's down from 48.5 in February and it slips further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, production fell as the Covid-19 pandemic hit demand and supply.

Input delivery times lengthened sharply amid supply chain paralysis, while there steep falls in exports as the global economy struggled with the outbreak.

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