In October, industrial production grew 2.8% over the same month last year, down slightly from a revised 3.0% increase in September (previously reported: +2.5% year-on-year). However, the print came in above market expectations, which had industrial production expanding only 1.6%. The moderation seen in October was due to slower growth in manufacturing (September: +9.0% yoy; October: +6.2% yoy) and electricity (September: +6.4% yoy; October: +1.9% yoy). Meanwhile, the mining sector continued to drop, but at a softer pace (September: -12.0% yoy: October: -5.7% yoy). Despite the weak outturn seen in October, annual average growth in industrial production remained unchanged at September's 1.6%.
Industrial output continues to slow in October
December 8, 2011
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Malaysia Economic News
October 12, 2016
Industrial production increased 4.9% in August from the same month last year.
October 7, 2016
Exports in USD terms rose 3.3% annually in August, which was a sharp improvement over July’s 8.9% contraction (previously reported: -8.7% year-on-year).
September 23, 2016
In August, consumer prices rose 0.43% over the previous month, which was slightly up from the 0.26% increase registered in July, according to the Department of Statistics Malaysia.
September 16, 2016
The ringgit has had a tumultuous week as a combination of factors, both domestic and external, have impacted the currency.
September 10, 2016
Industrial production increased 4.1% in July over the same month last year.