AGL38.5▲ 0.68 (0.02%)AIRLINK131.9▼ -1.33 (-0.01%)BOP5.6▼ -0.04 (-0.01%)CNERGY3.83▲ 0.06 (0.02%)DCL8.68▼ -0.18 (-0.02%)DFML40.86▼ -0.08 (0.00%)DGKC88.76▼ -0.93 (-0.01%)FCCL35.26▲ 0.2 (0.01%)FFBL66.48▼ -0.06 (0.00%)FFL10.48▲ 0.35 (0.03%)HUBC109.45▲ 2.89 (0.03%)HUMNL14.66▲ 1.33 (0.10%)KEL4.8▼ -0.05 (-0.01%)KOSM7.07▲ 0.27 (0.04%)MLCF42.5▲ 0.97 (0.02%)NBP59.49▲ 0.84 (0.01%)OGDC184▲ 3.36 (0.02%)PAEL25.6▼ -0.02 (0.00%)PIBTL5.92▲ 0.12 (0.02%)PPL147.15▼ -0.62 (0.00%)PRL23.51▲ 0.35 (0.02%)PTC16.55▲ 1.35 (0.09%)SEARL69.5▲ 0.81 (0.01%)TELE7.25▲ 0.02 (0.00%)TOMCL35.8▼ -0.14 (0.00%)TPLP7.53▲ 0.17 (0.02%)TREET14.11▼ -0.04 (0.00%)TRG50.95▲ 0.2 (0.00%)UNITY26.87▲ 0.42 (0.02%)WTL1.23▲ 0.02 (0.02%)

Tuesday, November 5, 2024

Home Business Malaysia’s manufacturing sector growth eases in August

Malaysia’s manufacturing sector growth eases in August

by News desk
September 2, 2022
in Business

[tta_listen_btn]

The Malaysian manufacturing sector reported a moderation in growth momentum midway through the third quarter of 2022, according to S&P Global on Thursday.

The seasonally adjusted manufacturing Purchasing Managers’ Index (PMI) slipped to 50.3 in August from 50.6 in July, indicating a softer improvement in the health of the sector, S&P Global said in a statement.

The latest reading is representative of a gradual slowdown in growth of manufacturing production and gross domestic product (GDP) towards the end of the third quarter, following sustained rises throughout the second quarter of the year.—Xinhua