Industrial output growth to ease on tighter curbs


Malaysia imposed a two-week full lockdown through June 14 with only essential services allowed to operate.

KUALA LUMPUR: Moody’s Analytics expects Malaysia’s Industrial Production Index (IPI) growth to ease in the coming months due to tighter restriction measures and production capacity limitations, which will inevitably dent output.

The financial intelligence and analytical tools provider said this was given the Movement Control Order (MCO) and subsequent lockdown imposed recently.

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