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
