Malaysia's IPI rebounds to 0.7% in July 2023

KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) rebounded to 0.7 per cent year-on-year (y-o-y) in July 2023, spurred by the mining and electricity sectors, said the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Mohd Uzir Mahidin said the IPI returned to positive territory in July 2023, from the - 2.2 per cent contraction in June 2023.