Posted on 11 Jun 2014
Malaysia's industrial production index (IPI) in April rose 4.2% from a year, exceeding a forecast of 4.1%, as the manufacturing sector expanded at a faster pace.
The Statistics Department said on Wednesday the manufacturing sector’s output expanded by 4.0%; mining up 4.7% and electricity grew 3.9%.
“Manufacturing output grew by 4.0% in April 2014 following an increase of 6.4% in March 2014,” it said.
Driving the growth were the electrical and electronics products (14.2%); food, beverages and tobacco products (11.0%); and wood products, furniture, paper products, printing (12.2%).
“On a seasonally adjusted month-on-month basis, manufacturing output increased by 4.1% in April 2014,” it said.
The department said the IPI in March 2014 remained unchanged at 4.3% year-on-year.
“In seasonally adjusted terms, the IPI in April 2014 rose by 3.6% month-on-month,” it said, adding the manufacturing index rose 4.1% and mining index 5.5%. However, the electricity index fell marginally by 0.1%.
