Malaysia Industry

Malaysia

Malaysia: Industrial production broadly stable in April

June 11, 2014

Industrial production expanded 4.2% in April over the same month last year. The figure was broadly in line with both the 4.3% increase observed in March and market expectations of a 4.1% rise. April’s result was driven by a rebound in the mining sector, which expanded at the fastest pace in nine months.

On a monthly basis, industrial production increased a seasonally-adjusted 3.6% in April, which contrasted the 0.2% decline that was observed in March and marked the fastest pace of growth in a year. Annual average growth in industrial production inched down from 4.6% in March to 4.5% in April.

FocusEconomics Consensus Forecast panelists project that industrial production will grow 4.7% in 2014, which is unchanged from last month’s projection. In 2015, the panel expects industrial output to expand 4.3%.


Author:, Economist

Sample Report

Looking for forecasts related to Industry in Malaysia? Download a sample report now.

Download

Malaysia Industry Chart


Malaysia Industry April 2014

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


Malaysia Economic News

More news

Search form