Industry in Malaysia
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 |
Malaysia Industry Chart
Source: Department of Statistics Malaysia and FocusEconomics calculations.
Malaysia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.32 | 0.15 % | Dec 31 |
| Exchange Rate | 4.09 | 0.0 % | Jan 01 |
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November 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 48.7 in October, down from September's 49.1.
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