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
|Industrial Production (annual variation in %)||3.4||5.2||2.5||4.1||4.4|
5 years of economic forecasts for more than 30 economic indicators.
Malaysia Industry Chart
Source: Department of Statistics Malaysia and FocusEconomics calculations.
|Bond Yield||3.32||0.15 %||Dec 31|
|Exchange Rate||4.09||0.0 %||Jan 01|
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January 22, 2020
At its 21–22 January meeting, the Monetary Policy Committee of Bank Negara Malaysia (BNM) decided to lower the overnight policy rate (OPR) by 25 basis points to 2.75%, while the ceiling and floor of the OPR corridor were reduced to 3.00% and 2.50%, respectively.
January 22, 2020
Consumer prices increased 0.9% over the prior month in December, up from the 0.1% rise in November.
January 13, 2020
Industrial production gained traction in November, increasing 2.0% on an annual basis, up from the 0.3% rise in October which had marked a six-year low.
January 7, 2020
The manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit, rose to 50.0 in December from 49.5 in November.
January 3, 2020
Merchandise exports shrank 4.6% year-on-year in USD terms in November, moderating from the 7.5% decline registered in October.