KUALA LUMPUR: Malaysia’s industrial production index (IPI) increased by 0.3% in August from a year ago, which was higher than a Bloomberg survey of a 0.2% increase.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said on Monday the increase in IPI in August was driven by the positive growth of 2.4% in manufacturing index.
However, the mining index recorded a decline of 6.7% and electricity index dipped by 1.2%.
The manufacturing sector output based on year-on-year comparison grew by 2.4% in August, but at a slower pace compared with an increase of 2.9% in July.
The major sub-sectors contributing to the growth in manufacturing sector in August were electrical and electronics products (6.9%), transport equipment and other manufacturers (6.9%) and food, beverages and tobacco (4.7%).
As for the mining sector, output dropped by 6.7% in August due to the decrease in crude oil and condensate index (-5%) and natural gas index (-8%).
The electricity sector output decreased by 1.2% in August from a year ago.
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