Malaysia July Factory Output Up 6.1%
Malaysia July Factory Output Up 6.1%

Malaysia July Factory Output Up 6.1%

Malaysia July Factory Output Up 6.1%

Malaysia’s industrial production in July expanded at its fastest pace in eight months, government data showed on Monday, boosted by gains in all three major sectors, Reuters reported. Factory output grew 6.1% from a year earlier in July, the fastest since November 2016 and beating the 5.3% annual rise forecast in a Reuters poll. Industrial output was up 4% in June. July’s factory output was due to strength in the manufacturing, electricity and mining sectors, according to data from the Statistics Department. Manufacturing output grew 8% from a year earlier in July, boosted by growth in the food, tobacco, and electrical and electronic products subsectors, the data showed. The electricity generation sector rose 7.9% year-on-year, while mining output grew 0.2%. Malaysia’s exports in July beat economists’ estimates, rising 30.9% from a year earlier, on higher shipments of manufactured products and mining goods. However the index for crude oil fell by 3.9% in July 2017. Electricity output increased strongly by 7.9% in July 2017 after rising 2.1% the previous month.


Short URL : https://goo.gl/i4L2cE
  1. https://goo.gl/mdpeU2
  • https://goo.gl/bt43ZP
  • https://goo.gl/cpgvDR
  • https://goo.gl/WzKudB
  • https://goo.gl/PRMpFT

You can also read ...

Apple Inc won guarantees from the Trump administration that its lucrative iPhones would ship from China  without being subject to tariffs.
Big companies in the United States from Amazon.com Inc to...
Qatar Capable of Overcoming Siege Challenges
Qatar affirmed its ability to overcome the challenges of the...
Japan Inflation Inches Higher
Japan’s inflation picked up slightly in June, largely because...
Today, income inequality in the US is greatest among Asians. Asians displaced blacks as the most economically divided racial or ethnic group in the US.
The rich are getting richer and the poor are getting poorer in...
State-Actors Likely Behind Singapore Cyberattack
State-actors were likely behind Singapore’s biggest ever...
S&P Affirms Russia’s Stable Outlook
Standard & Poor’s said in a statement on Friday that it...
Argentina Making Fiscal Progress
Argentina is “unequivocally” making progress on its goals to...
US Tariffs to Cost Germans $23b
US President Donald Trump’s tariffs will lead to a drop in...

Add new comment

Read our comment policy before posting your viewpoints