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 | 4.10 | 0.15 % | Dec 14 |
| Exchange Rate | 4.19 | 0.0 % | Dec 14 |
| Stock Market | 1,662 | -0.29 % | Dec 14 |
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Economic News
Malaysia: Industrial production output picks up pace in October
December 12, 2018
Growth in industrial production accelerated rapidly to 4.2% in October over a year ago, up from 2.3% in September.
Malaysia: Export growth accelerates noticeably in October
December 5, 2018
Malaysian export growth accelerated markedly from a revised 7.9% in September (previously reported: +8.0% year-on-year) to 19.6% in October over the same month a year ago in USD value terms.
Malaysia: Manufacturing conditions worsen on drops in output and new orders in November
December 3, 2018
The manufacturing Purchasing Managers’ Index (PMI), produced by Nikkei and IHS Markit, dropped from 49.2 in October to 48.2 in November.
Malaysia: Inflation picks up in October following the reinstatement of the sales and services tax on 1 September
November 23, 2018
Consumer prices rose 0.17% in October over the prior month, down from September’s 0.42% increase.
Malaysia: Economic growth eases on a weakening external sector
November 16, 2018
Growth in the Malaysian economy eased slightly to 4.4% in the third quarter over the same period a year ago, which is fractionally down from the 4.5% year-on-year expansion in the second quarter and marks a two-year low.
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