MIDF Research optimistic on Malaysian industrial performance

PETALING JAYA: MIDF Research remains optimistic on Malaysia’s industrial production index (IPI) performance this year amid the threat of the US-China trade war and declining trend of external trade.

The research house expects the country’s industrial output, as measured by the IPI, to grow by 4.3% this year. The encouraging trend of IPI growth in 2017 is expected to continue this year, given that the robust external trade performance continues and the gradual increase in commodity prices will boost Malaysia’s industrial activities.