March industrial output surges 9.3% year-on-year


Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said yesterday that the growth of the IPI in March 2021 was driven by the manufacturing index, which expanded by 12.7 and the electricity index which increased by 10.3%. However, he said the mining index dropped by 1.9%.

KUALA LUMPUR: Malaysia’s industrial production index (IPI) surged 9.3% in March from a year ago, exceeding a Bloomberg survey of 8.7%, as the growth was powered by the manufacturing and electricity segments. This was the strongest growth since July 2013.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said yesterday that the growth of the IPI in March 2021 was driven by the manufacturing index, which expanded by 12.7 and the electricity index which increased by 10.3%. However, he said the mining index dropped by 1.9%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
Uzma to raise RM68mil via private placement
MISC to develop world’s first ammonia dual-fuel ships
MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close

Others Also Read