Malaisie PMI manufacturier

The S&P Global Malaysia Manufacturing PMI stood at 49.7 in August 2024, holding steady for the 2nd month while lingering at its lowest level in 3 months. The latest result marked muted trends across the manufacturing sector, amid further moderation in new orders and the 3rd straight month of fall in output. Meanwhile, employment shrank for the 2nd month, and outstanding business dropped at the strongest rate since April. Simultaneously, buying activity fell marginally, leading to the steepest fall in four months for stock of purchases. Meantime, foreign demand rose for the fifth month despite its growth rate being the softest in the sequence. Delivery time lengthened the most since September 2022. On prices, input cost hit its highest in nearly two years, due to rising raw material costs and currency weakness. Meantime, output price inflation climbed to the highest since September 2022. Finally, business sentiment improved amid hopes that new orders will return to growth territory.