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Stronger manufacturing sees January industrial output exceed forecast


KUALA LUMPUR: Malaysia industrial production index (IPI) rose by 3.2% in January, exceeding a Bloomberg survey of 2.3%, boosted by stronger manufacturing growth, according to the Statistics Department.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin the growth in January 2019 was supported by the increase in the index of electricity (7.8%) and manufacturing (4.2%).  However, the mining index fell by 0.9%.

Economy

   

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