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 | 3.30 | 0.15 % | Sep 04 |
| Exchange Rate | 4.21 | 0.0 % | Sep 04 |
| Stock Market | 1,600 | -0.29 % | Sep 04 |
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Economic News
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September 12, 2019
The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BMN) kept the overnight policy rate unchanged at 3.00% at its 12 September meeting, as was expected by market analysts.
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September 11, 2019
Industrial output increased 1.2% over the same month a year prior in July, down from the 3.9% rise recorded in June, marking a five-year low and missing market expectations of 3.5% growth.
Malaysia: Exports rebound in USD terms in July
September 4, 2019
Exports rose 0.3% in USD terms over the same month a year prior in July, recovering from the 7.3% plunge in June.
Malaysia: Manufacturers continue to face tougher operating conditions in August
September 3, 2019
The manufacturing Purchasing Managers’ Index (PMI), produced by IHS Markit, ticked down to 47.4 in August from 47.6 in July.
Malaysia: Economic growth accelerates in Q2, surpassing market expectations
August 16, 2019
The economy expanded 4.9% in annual terms in the second quarter, up from the first quarter’s 4.5% year-on-year acceleration and above market expectations of a 4.8% expansion.
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