Recovery in global demand contributes to rise in country’s IPI


Economists say the optimistic outlook for the IPI is underpinned by the anticipated rebound in external demand and global manufacturing activities.

PETALING JAYA: Malaysia’s industrial production is expected to maintain its positive momentum for the remaining part of this year.

This followed the 6.1% year-on-year (y-o-y) increase in the country’s industrial production index (IPI) in April, bringing the year-to-date output growth to 3.9% y-o-y.

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