In April, industrial production declined 2.2% over the same month last year, which represented the first negative figure since November 2009. The reading was below the revised 2.9% increase recorded in March (previously reported: +2.4% year-on-year) and contrasted expectations that had seen industrial output expanding 2.5%. The decline in industrial output was the result of disrupted trade across the region in the wake of Japan's Tohoku earthquake and was mostly evident in the manufacturing sector, which accounts for nearly two thirds of total output. That said, all other sub-components of the industrial production index also registered losses. Owing to the negative outturn, the annual average growth in industrial production slowed further from 5.5% in March to 4.4% in April.
Industrial production drops for the first time in more than two years
June 9, 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.