Global Economic News

Malaysia Manufacturing PMI Rises To 48.6 In January - Nikkei

The manufacturing sector in Malaysia continued to contract in January, although at a slower rate, the latest survey from Nikkei revealed on Thursday with a PMI score of 48.6.

That's up from 47.1 in December, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, production and new orders declined at slower rates, while there was a survey-record increase in input prices.

Buying activity contracted at its weakest pace in four months.

by RTTNews Staff Writer

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