61397
Malaysia IPI Up 3.5%
Malaysia IPI Up 3.5%

Malaysia IPI Up 3.5%

Malaysia IPI Up 3.5%

Malaysia’s industrial output rose 3.5% in January from a year ago, underpinned by gains especially in the manufacturing sector, which was below Bloomberg’s survey of a 5.3% increase. The Statistics Department announced on Monday the industrial production index was supported a 4.6% increase in manufacturing, mining (1.1%) and electricity (1.1%). “The manufacturing sector output increased by 4.6% in January 2017 after an expansion of 4.3% recorded in December 2016,” it said. The department said the major sub-sectors which increased in January 2017 were: electrical and electronics products (6.9%); petroleum, chemical, rubber and plastic products (2.3%); and food, beverages and tobacco (6.8%). However, the mining sector output grew at a slower pace of 1.1% in January 2017 after registering a higher growth of 5.8% in December 2016. The natural gas index increased by 5.3%. However, the crude oil index declined by 2.3%. The electricity sector output increased slightly by 1.1% in January 2017, after a significant growth of 6.1% in December 2016.

Short URL : https://goo.gl/61ZhvU
  1. https://goo.gl/O6a5ps
  • https://goo.gl/6dlnLd
  • https://goo.gl/KzcT5D
  • https://goo.gl/sgq5Fm
  • https://goo.gl/4DgVm3

You can also read ...

The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
Cambodia Sustains Strong Growth
Cambodia’s economy is forecast to grow 6.9% next year,...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...
All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...
Iraq to Resume War Reparations to Kuwait
The UN Security Council’s compensation agency has announced...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus