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Financial News: Malaysia Manufacturing PMI Moves Up To 49.5 -

Malaysia Manufacturing PMI Moves Up To 49.5 - Nikkei

04/02/2017 - 21:10:00 (RTTNews)

(RTTNews) - The manufacturing sector in Malaysia continued to contract in March, although at a slower pace, the latest survey from Nikkei showed on Monday with a manufacturing PMI score of 49.5.

That's up from 49.5 in February, and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, new orders continued to fall markedly, while sustained growth in output leads to an increase in warehouse inventories.

Inflationary pressures remain high on the back of unfavorable exchange rates.

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