Manufacturers cautious on production activities


PETALING JAYA: As the output of export-and domestic-oriented industries in Malaysia shrunk in February on a month-on-month (m-o-m) basis, this calls into question the outlook of the manufacturing sector in the coming months.

The Statistics Department, which released the Industrial Production Index (IPI) for February yesterday, reported that domestic-oriented industries contracted by 7.5% compared to the preceding month.

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