In August, industrial production rebounded 3.0% over the same month last year, after contracting 0.6% in July. The print came in well above market expectations, which had industrial output recovering a paltry 0.4%. The improvement in industrial production mainly reflected an acceleration in manufacturing (July: +1.7% year-on-year; August: +4.8% yoy). Meanwhile, the output of the mining sector contracted 1.4% year-on-year, whereas electricity production rose 1.4%. Despite the rebound seen in August, annual average growth in industrial production slowed further to 1.8% from 1.9% in July.
Industrial output bounces back in August
October 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.