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December industrial output up 3.4%, exceeds forecast


  • Economy
  • Monday, 11 Feb 2019

Manufacturing sector output increased by 4.4% in December 2018 after expanding by 3.7% in November 2018.

Manufacturing sector output increased by 4.4% in December 2018 after expanding by 3.7% in November 2018.

KUALA LUMPUR: Stonger manufacturing growth enabled the industrial production index (IPI) for December, 2018 to increase by 3.4%, exceeding a Bloomberg survey of a 2.7%.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Monday the growth in December 2018 was driven by the increase in manufacturing index (4.4%), electricity index (2.7%) and the mining index (1.0%).

Economy

   

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