Industry in Malaysia
Malaysia - Industry
Industrial production accelerates in May
Industrial production expanded 6.0% in May over the same month last year. The figure was up from the 4.2% increase observed in April and beat market expectations of a 4.4% rise. May’s result was mainly driven by stronger growth in the manufacturing sector, which expanded at the fastest pace in three months.
On a monthly basis, industrial production increased a seasonally-adjusted 1.3% in May, which was down from the 3.6% expansion that was observed in April. Annual average growth in industrial production held steady at April’s 4.5% in May.
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%.
Malaysia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 3.4 | 5.2 | 2.5 | 4.1 | 4.3 |
Malaysia Industry Chart
Source: Department of Statistics Malaysia and FocusEconomics calculations.
Malaysia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.07 | 0.15 % | Aug 15 |
| Exchange Rate | 4.10 | 0.0 % | Aug 15 |
| Stock Market | 1,786 | -0.29 % | Aug 15 |
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Economic News
Malaysia: Industrial production increases in June, despite strong contraction in the mining sector
August 10, 2018
In annual terms, industrial output expanded 1.1% in June, decelerating markedly from 3.0% growth in May.
Malaysia: Export growth picks up pace, but trade surplus narrows on stronger import growth
August 3, 2018
In June, export growth picked up steam thanks to skyrocketing foreign demand for refined petroleum products and for electrical and electronic products.
Malaysia: Manufacturing PMI reaches five-month high but underlying demand dynamics remain weak
August 1, 2018
The Nikkei manufacturing Purchasing Managers’ Index (PMI), co-produced with IHS Markit, edged up from 49.5 in June to 49.7 in July, marking a five-month high.
Malaysia: Inflationary pressures fade in June on the zero-rating of the Goods and Services Tax
July 18, 2018
Consumer prices dropped 1.24% month-on-month in June, sharply contrasting May’s 0.17% increase.
Malaysia: Growth in industrial output moderates in May
July 12, 2018
Industrial production grew 3.0% year-on-year in May, down from the 4.6% increase logged in April.
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