KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index rose to 49.0 in April from 48.4 in March, indicating a softer downturn in the country's manufacturing sector.
It said vendor performance also showed improvement in April, although delivery times shortened were marginal, yet marked the most seen since last May, and lead times also decreased of which manufacturers mentioned more timely deliveries of inputs. "In response, output charges were raised for the eighth time in nine months, following no change in March," it said.
Source: News Formal (newsformal.com)
S&P Global Manufacturing PMI GDP Usamah Bhatti
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