April industrial output surges 50.1%, exceeds survey


The surge in the IPI exceeded a Bloomberg survey of a 48.6% jump in the IPI, based on the Statistics Department data released on Friday.

KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) soared 50.1% in April 2021 from a year ago, driven by the strong performance of the manufacturing sector which jumped by 68%.

The surge in the IPI exceeded a Bloomberg survey of a 48.6% jump in the IPI, based on the Statistics Department data released on Friday.

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