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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
MalaysiaMalaysia Manufacturing PMI fell to 49.3 in February 2026
FMPMonthlyReleased March 2026
Malaysia Manufacturing PMI fell to 49.3 in February 2026, released March 2026, down 0.9 from January's 50.2 reading.
Latest Release
49.300000
Actual
—
Consensus
50.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/MYR | ▼ Inverse | −0.75 | FOREX | Bearish USD | → View |
| BTC/USD | ▼ Inverse | −0.46 | CRYPTO | Bearish BTC | → View |
| XAU/USD | ▼ Inverse | −0.28 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Manufacturing PMI (Malaysia) was reported at 49.30 in March 2026. The reading fell from the previous value of 50.20. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 49.83, ranging from 49.30 to 50.20 across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 49.87, up from the prior three at 49.80.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/MYR (Bearish USD). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Jun 19) and Inflation Rate MoM (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Manufacturing PMI - MY
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About Manufacturing PMI — Malaysia
DEFINITION
Manufacturing PMI (Purchasing Managers' Index) is a key economic indicator that measures the health of the manufacturing sector in a country. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into production levels, new orders, employment, and supplier deliveries. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 suggests contraction. This widely followed indicator is used by investors, businesses, and policymakers to assess the overall economic performance and make informed decisions.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2026): actual 49.3. Prior reading (Jan 2026): 50.2. Before that (Dec 2025): 50.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/MYR (Bearish USD, r=-0.75) — a useful reference for forex-focused traders.