The index, which measures the levels of production and capacity in the main economic areas of a country such as manufacturing, saw a growth lower than the 1.8% predicted by local research house JF Apex Securities Sdn Bhd and much lesser than the 2.3% growth expected by the overall market.
PETALING JAYA: Malaysia’s Industrial Production Index (IPI) in September, which rose 1% year-on-year, came in below expectations and has set the stage for marginal growth for the remaining of the year.
The index, which measures the levels of production and capacity in the main economic areas of a country such as manufacturing, saw a growth lower than the 1.8% predicted by local research house JF Apex Securities Sdn Bhd and much lesser than the 2.3% growth expected by the overall market.
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