Malaysia: Growth in industrial production picks up again in January
March 11, 2016
Industrial production increased 3.3% in January over the same month last year. The figure came in above the 2.7% increase tallied in December. January’s result was driven by the strong gains in the manufacturing and electricity indices.
On a monthly basis, industrial production grew 0.5%, which was a sharp slowdown compared to December’s 1.5% increase. As a result, annual average growth in industrial production fell to 4.2% from December’s 4.5%.
Author: Robert Hill, Economist