Financial News: Malaysia Manufacturing Sector Softens In April

Malaysia Manufacturing Sector Softens In April - S&P Global

05/01/2025 - 20:43:00 (RTTNews)

(RTTNews) - The manufacturing sector in Malaysia continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 48.6.

That's down from 48.8 in March, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Manufacturers often noted that demand in the sector remained muted during April, with reports of weak customer confidence. Total new business decreased for the second consecutive month, albeit at a slightly softer rate.

At the same time, demand conditions in international markets deteriorated again. With customer demand remaining subdued, manufacturers scaled back production for the eleventh consecutive month. The pace of moderation strengthened from March and was the steepest in three months.

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Financial News: Malaysia Manufacturing Sector Softens In April - S&P

Malaysia Manufacturing Sector Softens In April - S&P Global

RECENT INTERNATIONAL FINANCIAL NEWS

INTERNATIONAL FINANCIAL NEWS

U.S. New Home Sales Spike From Downwardly Revised Level In April

Germany Logs Stronger Growth On Tariff Threats

French Consumer Confidence Weakens Unexpectedly In May

UK Retail Sales Growth Tops Expectations On Warm Weather

Germany's GDP Growth Revised Up To 0.4%