In November, industrial production rose 5.1% over the same month the previous year. The reading came in below market expectations of a 5.5% expansion but represented an improvement over the weak 3.1% increase tallied in October (previously reported: +3.0% year-on-year), which represented the slowest pace of expansion since November 2009. The improvement was mostly driven by developments in the manufacturing sector, which expanded 6.5% (October: +4.7% yoy). Moreover, output in the mining sector increased 1.7% annually, which contrasted the 1.1% contraction recorded in October. Finally, electricity generation continued to expand strongly rising 5.2%, up from a 4.9% increase in October. The trend in industrial production continues to point upwards, with annual average growth rising from 7.3% in October to 7.8% in November.
Industrial output growth accelerates
January 10, 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.