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Nikkei Malaysia Manufacturing PMI up at 50.4 in August

Mimi Sabreena 10:06:00 AM Informasi

KUALA LUMPUR (Sept 4): The Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 50.4 in August from 48.3 in July as output increased on higher exports.

A reading above 50 indicates manufacturing output growth while a figure below 50 shows a contraction. IHS Markit owns the Nikkei Malaysia Manufacturing PMI while Nikkei is the sponsor.

IHS Markit said in a statement today that firms surveyed highlighted growing demand from China besides South East Asia and Middle East countries.

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