Malaysia’s industrial production index (IPI) in June grew a stronger-than-expected 5.3% year-on-year, exceeding a survey of 2.5% growth.
According to the Statistics Department, the higher growth was driven by the manufacturing sector which grew 4.7%, mining sector up 6.3% and electricity sector rose 8.7%.
The manufacturing sector continued to expand at 4.7% in June 2016 after registering a growth of 3.7% in May 2016.
It said the growth in June 2016 was supported by three major sub sectors electrical and electronics products (9.1%), petroleum, chemical, rubber and plastic products (5.0%) and wood products, furniture, paper products, printing (10.1%).
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According to the Statistics Department, the higher growth was driven by the manufacturing sector which grew 4.7%, mining sector up 6.3% and electricity sector rose 8.7%.
The manufacturing sector continued to expand at 4.7% in June 2016 after registering a growth of 3.7% in May 2016.
It said the growth in June 2016 was supported by three major sub sectors electrical and electronics products (9.1%), petroleum, chemical, rubber and plastic products (5.0%) and wood products, furniture, paper products, printing (10.1%).
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