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5.2pc rise in industrial output for February year-on-year
File picture shows a ship leaving port in Georgetown near Penang. Malaysiau00e2u20acu2122s stainless steel pipe export may be threatened by US imposing import duties. u00e2u20acu201d AFP pic

KUALA LUMPUR, April 10 — Malaysia's Industrial Production Index (IPI) grew 5.2 per cent in February 2015 compared with the same month a year ago, driven by growth in the indices of manufacturing, mining and electricity components.

In a statement today, the Statistics Department said manufacturing rose 4.0 per cent, mining increased by 9.2 per cent and electricity went up by 1.9 per cent.

It also said the IPI in January 2015 remained unchanged at 7.0 per cent year-on-year.

On a month-on-month basis, in seasonally adjusted terms, the IPI in February 2015 decreased by 0.1 per cent following the decline in the indices for manufacturing (0.3 per cent), mining (0.3 per cent) and electricity (2.6 per cent).

The department said manufacturing output recorded a strong growth of 4.0 per cent year-on-year in February 2015 after an increase of 6.6 per cent in the previous month.

The sub-sectors which contributed to the increase in February 2015 were electrical and electronics products (8.4 per cent); petroleum, chemical, rubber and plastic products (4.1 per cent); and transport equipment and other manufactures products (8.7 per cent).

The mining sector output registered a growth of 9.2 per cent in February 2015 compared to the same month in 2014 due to the increase of crude oil index by 19.7 per cent.

The natural gas index, however, declined by 1.6 per cent.

The electricity sector output grew by 1.9 per cent for the month under review on yearly basis.

Malaysia’s IPI for the January to February 2015 period expanded 6.1 per cent from the same period in the previous year due to the rise in all indices of manufacturing (5.3 per cent), mining (8.8 per cent) and electricity (4.1 per cent). — Bernama

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