Malaysia Industry


Industrial production slows in September on mining output

Industrial production expanded 0.9% in September over the same month last year. The figure marked a decrease compared to the 2.3% increase observed in August and undershot market expectations of a 2.5% rise. September's slowdown was driven by a substantial contraction in mining output, while the manufacturing and electricity sectors registered positive growth.

On a monthly basis, industrial production increased a seasonally-adjusted 2.2% in September, contrasting the 4.2% contraction observed in August.

Annual average growth in industrial production decreased from 3.6% in August to 3.3% in September. FocusEconomics Consensus Forecast panelists project that industrial production will grow 3.3% in 2013, which is down 0.1 percentage points from last month's projection. In 2014, the panel expects industrial output to expand 4.9%, which is also down 0.1 percentage points from last month's forecast.

Author:, Economist

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Malaysia Industry Chart

Malaysia Industry September 2013

Note: Annual variation of industrial production in %.
Source: Department of Statistics Malaysia and FocusEconomics calculations.

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