KUALA LUMPUR, Nov 9 — Malaysia’s industrial production in September expanded at a pace well below expectations, as growth slowed across all sectors.
Factory output grew 4.7 per cent from a year earlier in September, below the 6.1 per cent annual rise forecast in a Reuters poll.
Industrial output was up 6.8 per cent in August.
Manufacturing output grew by only 5.7 per cent year on year in September, compared to a growth of 7.6 per cent in August, according to data from the Statistics Department.
Growth slowed across all sub-sectors like petroleum, chemical, rubber and plastic products, electrical and electronic products and food, beverages and tobacco products.
The electricity generation sector rose 2.2 per cent year-on-year, while mining output grew 2.1 per cent.
Malaysia’s exports in September rose 14.8 per cent from a year earlier, slowing in pace for the second month in a row, despite strong demand for manufactured goods in China and
Europe.
Sector breakdown (in pc, unless otherwise stated)
Sept 2017 Aug 2017
yr/yr
(pc)
Manufacturing 5.7 7.6
Electricity 2.2 3.0
Mining 2.1 5.3
— Reuters
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