Malaysia Industrial production


Malaysia: Industrial production inches up in May

July 10, 2015

Industrial production increased 4.5% in May over the same month last year, which came in above the 4.1% increase tallied in April and significantly overshot the 3.0% increase markets had expected. May’s reading was the outcome of increases in all components of the index, the strongest being the mining component.

On a monthly basis, industrial production rose a seasonally-adjusted 1.5% over the previous month, which marked the highest figure in five months. The reading contrasted April’s 0.4% decrease. Despite May’s expansion, annual average growth in industrial production inched down from 5.5% in April to 5.4% in May.

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 May 2015

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

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