The manufacturing sector in Malaysia continued to contract in March, albeit at a slower pace, the latest survey from Markit Economic showed on Thursday with a seasonally adjusted manufacturing PMI score of 49.9.
That’s up from 47.7 in February, although it remains barely beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output and new orders remained subdues amid supply chain disruptions, although employment levels rose for the first time in a year and [business][1] expectations strengthened further.
Input costs meanwhile increased for the tenth consecutive month in March, reflecting higher prices for a broad variety of raw materials and higher freight costs.
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