KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) rebounded to 4.7 per cent in May 2023 as against negative 3.3 per cent recorded in the previous month, driven by positive momentum in all sectors, according to the Department of Statistics Malaysia (DoSM).
In a statement today, it said the expansion was attributed mainly to the performance in the manufacturing sector with a 5.1 per cent increase (April 2023: -3.0 per cent), mining 2.9 per cent (April 2023: -4.9 per cent); and electricity 5.0 per cent (April 2023: -2.0 per cent).
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