IPI expected to improve after record plunge in April

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said yesterday the April IPI was badly impacted by the movement control order (MCO) which was put in place to prevent the spread of the Covid-19.

PETALING JAYA: Malaysia’s industrial production index (IPI), which plunged by a record 32% in April, is expected to improve in the coming months as the government allowed more industries to resume operations in May.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said yesterday the April IPI was badly impacted by the movement control order (MCO) which was put in place to prevent the spread of the Covid-19.