Malaysia Industrial production

Malaysia

Malaysia: Industrial production eases in April

June 11, 2015

Industrial production increased 4.1% in April over the same month last year, which came in below the revised 7.2% increase tallied in March (previously reported: +6.9 year-on-year) and narrowly overshot the 4.0% increase markets had expected. The result was the lowest in nine months. April’s reading was the outcome of increases in all components of the index, the strongest being the manufacturing component.

On a monthly basis, industrial production fell a seasonally-adjusted 0.4% over the previous month, marking the lowest figure in three months. The reading contrasted March’s 0.6% increase. As a result of April’s contraction, annual average growth in industrial production inched down from 5.6% in March to 5.5% in April.

FocusEconomics Consensus Forecast panelists project that industrial production will grow 3.9% in 2015, which is up 0.1 percentage points from last month’s projection. In 2016, the panel expects industrial output to expand 4.4%.


Author:, Economist

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Malaysia Industrial production Chart


Malaysia Industry April 2015

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


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