Strong PMI to help Malaysia achieve 4.7% growth, Guan Eng says


Finance Minister Lim Guan Eng said the sudden jump in PMI from 47.9 points in September to 49.3 points in October, gave confidence to continued sustainable growth for the country.

KUALA LUMPUR: The Finance Ministry is confident the jump in Malaysia's Manufacturing Purchasing Managers' Index (PMI) in October to the highest pace in six months, will help the country achieve the 4.7 per cent Gross Domestic Product (GDP) growth target for this year.

Its Minister, Lim Guan Eng said the sudden jump in PMI from 47.9 points in September to 49.3 points in October, gave confidence to continued sustainable growth for the country.

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