PETALING JAYA: MIDF Research expects the country’s industrial production index (IPI) to experience a moderate growth of 2% this year, down from 3.8% in 2024, on anticipation that external trade will be impacted by the intensified trade war and the introduction of protectionist trade policies by major economies.
The research house revised downward its outlook on the manufacturing and mining sectors, resulting in a slower IPI growth forecast.
