Money
Malaysia’s June factory output up 3.3pc on year, misses forecast
Wednesday, 07 Aug 2013 12:20 PM MYT
KUALA LUMPUR, Aug 7 — Malaysia’s industrial production in June rose 3.3 per cent from a year earlier, missing expectations, data from the Statistics Department showed today.
A Reuters poll of 14 economists had forecast factory output to rise to 3.8 per cent in June, improving slightly from a month ago, although economists cautioned that continued weakness in external demand would weigh on the country’s domestic-oriented industries. — Reuters
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