Malaysia Industrial production April 2016

Malaysia

Malaysia: Growth in industrial production picks up in April

June 10, 2016

Industrial production increased 3.0% in April over the same month last year. The figure came in above the 2.8% increase tallied in March. April’s result showed notable increases across all components of the index, with electricity being the strongest.

On a monthly basis, industrial production fell 0.8% in April, which marked a more severe contraction compared to March’s 0.4% decrease. As a result, annual average growth in industrial production inched down to 3.7% from March’s 3.8%.

FocusEconomics Consensus Forecast panelists project that industrial production will grow 3.4% in 2016, which is unchanged from last month’s projection. In 2017, the panel expects industrial output to expand 3.5%


Author:, Economist

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Malaysia Industrial production Chart


Malaysia Industry April 2016 0

Note: Annual changes of industrial production index and annual average growth rate in %.
Source: Department of Statistics Malaysia (DSM).


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