Economy continues to recover as September industrial output expands

The main subsectors contributed to the growth in manufacturing sector in September 2021 were electrical & electronics products.

KUALA LUMPUR: Malaysia’s economy continued to recover in September as the industrial production index (IPI) increased by 2.5% from a year ago, underpinned by the exported-based manufacturing sector, the Statistics Department said.

Reuters reported the expansion was above forecast as a survey showed it was expected to rise 1.9%, according to 14 economists surveyed in a Reuters poll.​

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Tuesday the IPI was supported by the 4% growth in manufacturing index and 0.4% in electricity index. However, the mining index contracted by 3%.