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Higher than forecast: Malaysia's May factory output up 4.5pc
File photo of a worker preparing colour television sets on a production line at Japanese giant Sony Corp.u00e2u20acu2122s Malaysian factory in Kajang. u00e2u20acu201d AFP pic

KUALA LUMPUR, July 10 — Malaysia’s industrial production in May rose 4.5 per cent from a year earlier, beating market expectations as output in all sectors increased, data from the Statistics Department showed today.

A Reuters poll had forecast annual factory output would expand at 3.0 per cent, easing from a pace of 4 per cent in April, which was on target with analysts’ expectations.

Government data earlier showed that exports for May fell 6.7 per cent from a year earlier, less than expectations, helped by shipments to China. — Reuters

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