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||4.3|
5 years of economic forecasts for more than 30 economic indicators.
Malaysia Industry Chart
Source: Department of Statistics Malaysia and FocusEconomics calculations.
|Bond Yield||3.66||0.15 %||Jun 20|
|Exchange Rate||4.15||0.0 %||Jun 20|
|Stock Market||1,675||-0.29 %||Jun 20|
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June 11, 2019
Industrial production surged 4.0% year-on-year in April, up from March’s 3.1% expansion and surpassing market analysts’ expectations of a 2.7% outturn.
June 3, 2019
The manufacturing Purchasing Managers’ Index (PMI), which is produced by IHS Markit and Nikkei, dropped to 48.8 in May from 49.4 in April.
June 3, 2019
Exports fell 4.5% year-on-year in April in USD terms, marginally improving from the 4.7% drop registered in March.
May 16, 2019
The economy softened in the first quarter of the year, growing 4.5% in annual terms over the same quarter a year earlier.
May 10, 2019
Industrial production grew 3.1% year-on-year in March, up from February’s 1.7% growth and surpassing market analysts’ expectations of a 2.4% outturn.