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 | 4.4 |
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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