KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia 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.
The latest reading is representative of a gradual slowdown in the 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.
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