Malaysia: Growth in industrial output eases in February
April 11, 2019
Industrial production grew 1.7% year-on-year in February, down from January’s 3.2% growth and marking an eight-month low. The print reflected a sharper contraction in the mining sector, and slower growth in the manufacturing and electricity sectors.
In month-on-month terms, industrial output contracted 2.0% in February, contrasting January’s 1.2% growth. Annual average growth in industrial production was unchanged at 2.8%.
Malaysia Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial production to rise 3.5% in 2019 and 3.8% in 2020.
Author: Oliver Reynolds, Economist
