KUALA LUMPUR: Malaysia’s industrial production index (IP) rose 3.4% in May from a year ago, exceeding economist expectations of a 2% growth.
Citigroup Inc economist Kit Wei Zheng, who has maintained gross domestic product (GDP) growth at 5.2% year-on-year, said in a report that the April-to-May data continued to point to a pick-up in second-quarter GDP.
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