The rise in Malaysia’s industrial output slows in April
by ChemOrbis Editorial Team - content@chemorbis.com
According to data from Malaysia Statistics Department, Malaysia’s industrial production increased by 4.2% in April on the year. However, this increase was slower than the increase of 4.6% recorded in March and the expectations of a rise of 4.8%.
The slowdown in April was attributed to the decrease in production in mining sector by 2% in April after a rise of 2% in March, which pulled the overall production growth down despite an increase of 6.7% in manufacturing production.
Among the sub-sectors, the largest increases were recorded in food, beverage and tobacco (15.4%), electrical and electronic products (9.7%) and petroleum, chemical, rubber and plastic products (3%).
The slowdown in April was attributed to the decrease in production in mining sector by 2% in April after a rise of 2% in March, which pulled the overall production growth down despite an increase of 6.7% in manufacturing production.
Among the sub-sectors, the largest increases were recorded in food, beverage and tobacco (15.4%), electrical and electronic products (9.7%) and petroleum, chemical, rubber and plastic products (3%).
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