IPI advanced 1% in September


KUALA LUMPUR: Malaysia’s industrial production index (IPI) rose by 1% in September from a year ago, which was below a Bloomberg survey of a 2.3% increase, due to a slowdown in mining and electricity.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic below) said yesterday the slight increase in the IPI in September was driven by a 4.3% increase in the manufacturing index.



However, the mining and electricity index recorded a decrease of 9.6% and 2.1% respectively.

The manufacturing sector output based on year-on-year comparison grew by 4.3% in September after recording a growth of 2.2% in August.

The major sub-sectors contributing to the growth in manufacturing sector in September were electrical & electronics products (9.8%), food, beverages & tobacco (4.9%) and petroleum, chemical, rubber & plastic products (3.2%).

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