May industrial output up 26% on-year, boost from manufacturing

The May IPI increased at a slower pace from April’s surge of 50.1%, also due to the lower base last year during the Movement Control Order.

KUALA LUMPUR: The industrial production index (IPI) rose 26% in May from a year ago, underpinned by the manufacturing sector and after a low base, the Statistics Department data showed on Monday.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the growth of IPI in May 2021 was underpinned by the expansion in all indices; manufacturing index (29.8%), mining index (20.7%) and electricity index (7.9%).”