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Malaysia's industrial output rises 2.3 pct in September

Xinhua Financein KUALA LUMPUR
2018-11-09 15:58

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Malaysia's Industrial Production Index (IPI) rose 2.3 percent year-on-year in September, supported by growths in manufacturing and electricity, according to data released Friday.
 
Malaysian Statistics Department said in a statement that the index of manufacturing grew 4.8 percent, and the index of electricity increased by 4.2 percent for the month.
 
However, the index of mining fell 6.2 percent, dragged by the natural gas and crude oil.
 
For the manufacturing, the major sub-sectors which recorded an increase were electrical and electronic equipment products that expanded 5.5 percent; petroleum, chemical, rubber and plastic products which increased 3.8 percent; food, beverages and tobacco products that rose 6.9 percent.
 
In a separate statement, the department announced that manufacturing sales surged 8.2 percent year-on-year to 70.8 billion ringgit (16.95 billion U.S. dollars)in September.
 
The sales growth was due to the sale increases in electrical and electronics products that surged 9.1 percent; petroleum, chemical, rubber and plastic products which jumped 10.4 percent; non-metallic mineral products, basic metal and fabricated metal products which rose 5.1 percent.
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