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Malaysia’s industrial output rises slower in Jan y-o-y

by ChemOrbis Editorial Team - content@chemorbis.com
  • 13/03/2017 (12:18)
According to data from Malaysia Statistics Department, Malaysia’s industrial production increased by 3.5% in January on the year following a rise of 4.7% in December. The growth rate missed the expectations of an increase of 5.7%.

The increase was attributed to the growth in manufacturing (4.3%). However, more modest increases of 1.1% in mining and electricity, which was the same for both following the rises of 5.8% and 6.1% respectively, caused a slowdown in the overall production growth.

Among the sub-sectors, the largest increases were recorded in electrical and electronic products (6.9%), food, beverages and tobacco (6.8%) and petroleum, chemical, rubber and plastic products (2.3%).
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