Is the 2016 mega hit for Lost Frequencies, taken from the album are you with me.
Are you with me, Malaysia, the manufacturing sector has contradicted for a record 21 consequtive months, and this time its bringing inflation indirectly with it.
The Nikkei Asian Review has the story. Read below :
Malaysia PMI unchanged at 47.1 in December
TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, came in at 47.1 in December, unchanged from November's reading.
A reading above 50 indicates economic expansion, while one below 50 points to a contraction. The latest figure shows Malaysia's manufacturing sector to be in contraction territory for 21 consecutive months.
"The end of the final quarter of 2016 saw the Malaysian manufacturing sector remain in contraction territory," said Amy Brownbill, economist at IHS Markit, which compiles the survey.
"The weakness of the Malaysian ringgit continued to weigh heavily on goods producers' cost burdens, with input prices rising at the sharpest rate in the series history. IHS Markit forecasts consumer price to strengthen over the New Year, as manufacturers try to pass on their additional costs."
(Nikkei)
