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2025.09.0200:41:31UTC+00Malaysia Manufacturing PMI Hits 14-Month High

The S&P Global Malaysia Manufacturing PMI edged up to 49.9 in August 2025 from 49.7 in the preceding month. This is the highest marking since June 2024, indicating a general stabilization in manufacturing activities. Notably, output growth occurred for the first time in 15 months, buoyed by the first rise in new orders seen in six months. Demand growth reached its most vigorous level in three years. Furthermore, export sales remained robust for the second consecutive month, and purchasing activity showed increased momentum. Nonetheless, firms expressed concerns about the sustainability of the recovery, as employment levels declined again in August. Vendor performance saw stabilization after experiencing extended lead times over the previous two months. On the pricing front, input cost inflation moderated, yet output charges increased at their fastest rate since August 2024. Additionally, business confidence weakened, hitting its lowest point since June 2021, amid apprehensions regarding the global economic outlook.

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