KUALA LUMPUR: Malaysia's industrial output in August 2014 exceeded economists' forecast, with the industrial production index (IPI) up 6.5% on-year, lifted by the stronger manufacturing sector.
The Statistics Department said on Friday the increase in the IPI - which exceeded economists' forecast of 5.1% -- was due to growth in all three sectors of manufacturing (up 7.4%), mining (3.6%) and electricity (8.4%). It said the IPI in July was revised to a 0.6% increase on-year.
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