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Manufacturing boosts May industrial output by 3% on-year


  • Economy
  • Thursday, 12 Jul 2018

KUALA LUMPUR: Manufacturing underpinned the country's industrial production index (IPI) growth, which expanded 3% in May from a year ago and in line with a Bloomberg survey.

The chief statistician Datuk Seri  Mohd Uzir Mahidin said on Thursday year-on-year, the growth of IPI was supported by the increase in manufacturing by 4.1% and electricity by 2.6%. 

However, mining posted a decrease of 0.5% from the 1.8% in April 2018. 

“The manufacturing sector output rose by 4.1% in May 2018 after recording a growth of 5.3% in April 2018,” he said.

Mohd Uzir said the major sub-sectors which registered increases in May 2018 were the electrical and electronic equipment products (4.8%) and petroleum, chemical, rubber and plastic products (3.7%).

Non-metallic mineral products, basic metals and fabricated metal products (5.0%). 

The report also stated that the electricity output increased by 2.6% in May 2018 after recording an increase of 5.8% in April 2018. 

Economy

   

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