Malaysia’s PMI April 2025

According to the latest report by by S&P Global Market Intelligence, the Purchasing Manager’s Index (PMI) for Malaysia’s manufacturing sector reached 48.6 in April 2025, below the 50-point threshold that separates growth from contraction.

Survey data indicated that overall demand conditions remained subdued, leading to a measured slowdown in both production and the flow of new orders. With order volumes still modest, many firms chose to focus on completing existing workloads rather than expanding operations. As a result, there was a general reduction in employment, purchasing activity, and stock levels.

Despite these adjustments, workforce levels remained relatively stable, with only a slight decline in employment reported, suggesting that current capacity remains sufficient to meet operational requirements. Meanwhile, outstanding business volumes declined at a faster pace than in the previous month, indicating that backlogs are being cleared more rapidly.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.