Manufacturers buoyed by higher export numbers


MIDF Research said the sustained exports in July point to better external trade performance for Malaysia in the second half of 2024.

PETALING JAYA: Malaysia’s manufacturing sectors faced lower domestic demand but higher exports in July, according to the S&P Global manufacturing purchasing managers index (PMI).

The PMI fell to 49.7 in July, against the June reading of 49.9, and remained below the neutral level for the second straight month.

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