Industry in Malaysia

Malaysia Industry | Economic News & Forecasts

Malaysia - Industry

Industrial output improves in May

Industrial production fell 22.1% year-on-year in May (April: -32.0% yoy). May's smaller drop came on the back of more moderate falls in manufacturing, and electricity and gas generation output.

On a monthly basis, industrial output grew 14.6% in seasonally-adjusted terms in May, rebounding from April’s 27.5% fall. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 3.4%, down from April's minus 1.2% reading.

FocusEconomics Consensus Forecast panelists expect industrial production to fall 3.4% in 2020, which is unchanged from the previous month’s estimate, and to grow 4.6% in 2021.

Malaysia - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)2.5  4.1  4.4  3.1  2.3  

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Malaysia Industry Chart

Malaysia Industry
Note: Annual variation of industrial production in %.
Source: Department of Statistics Malaysia and FocusEconomics calculations.

Malaysia Facts

Value Change Date
Bond Yield3.320.15 %Dec 31
Exchange Rate4.090.0 %Jan 01

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