Malaysia’s industrial output expanded at a faster pace of 2.7% in December, exceeding a forecast of just 1% growth, according to the Statistics Department.
It said on Thursday the higher Industrial Production Index (IPI) in December 2015 was supported by positive growth in manufacturing index (4.0%) and electricity index (5.6%). However, the mining index recorded a decrease of 1.5%.
The department said the 4% increase in manufacturing sector output showed continued growth from the 4.1% in November 2015. The major sub-sectors which expanded were electrical and electronics Products (8.6%); petroleum, chemical, rubber and plastic products (1.6%) and non-metallic mineral products, basic metal and fabricated metal products (5.0%).
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It said on Thursday the higher Industrial Production Index (IPI) in December 2015 was supported by positive growth in manufacturing index (4.0%) and electricity index (5.6%). However, the mining index recorded a decrease of 1.5%.
The department said the 4% increase in manufacturing sector output showed continued growth from the 4.1% in November 2015. The major sub-sectors which expanded were electrical and electronics Products (8.6%); petroleum, chemical, rubber and plastic products (1.6%) and non-metallic mineral products, basic metal and fabricated metal products (5.0%).
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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