Malaysia’s Industrial Output Up Four Percent In April

KUALA LUMPUR, Malaysia, June 11 (NNN-BERNAMA) – Malaysia’s industrial production index (IPI) rose four percent year-on-year in April, supported by the increase in all three sectors, official data showed today (Tuesday).

The Malaysian Statistics Department said, the electricity index increased 5.8 percent year-on-year and manufacturing index rose 4.3 percent.

Driven by the natural gas index, the mining sector output also grew 2.3 percent, the highest level since Sept, 2017.

For Jan to Apr, the IPI recorded an annual growth of three percent, as electricity and manufacturing sectors expanded 5.8 and 4.1 percent, respectively. The mining sector, however, declined 0.9 percent.

In a separate statement, the Malaysian Statistics Department showed that, the country’s manufacturing sales grew 6.8 percent year-on-year, to 69.9 billion ringgit (about 16.79 billion U.S. dollars) in April.

The sales were driven by the increase in non-metallic mineral products, basic metal and fabricated metal products, electrical and electronics products, as well as, petroleum, chemical, rubber and plastic products.– NNN-BERNAMA