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
|Industrial Production (annual variation in %)||2.5||4.1||4.4||3.1||2.3|
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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November 28, 2022
Merchandise exports rose 2.0% in annual terms in October, on the heels of September’s 19.3% upturn.
November 11, 2022
GDP growth improved to 14.2% year on year in the third quarter, from 8.9% in the second quarter, marking the best result since Q2 2021.
November 4, 2022
Industrial output grew 10.8% year on year in September (August: +13.5% yoy).
November 3, 2022
At its last scheduled meeting of the year on 2–3 November, the Monetary Policy Committee of Bank Negara Malaysia (BNM) raised the overnight policy rate for the fourth consecutive time by 25 basis points, bringing it to 2.75%.
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.