Malaysia Industrial production October 2017

Malaysia

Malaysia: Industrial production growth slows in October

December 12, 2017

Industrial production expanded 3.4% year-on-year in October, moderating from September’s 4.7% growth and coming in below market expectations of a 3.8% increase. According to the Statistical Institute, the expansion was driven primarily by the electricity and manufacturing sectors, although the manufacturing sector grew at slower pace than in the previous month.

In month-on-month terms, industrial production contracted a seasonally-adjusted 0.8% in October (September: -1.0% month-on-month). Meanwhile, annual average growth in industrial production slipped from 4.9% in September to 4.8% in October.

FocusEconomics Consensus Forecast panelists are currently adjusting their forecasts, with a new Consensus Forecast report to be published on 15 December.


Author:, Economist

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Malaysia Industrial production Chart


Malaysia Industry October 2017

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


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