PETALING JAYA: Malaysia’s real industrial output, as measured through the Industrial Production Index (IPI), is expected to remain moderate despite a 4.9% year-on-year (y-o-y) rise in August and a 2.4% month-on-month rebound from a 0.3% decline in July, amid uncertainty on the export front.
The August IPI expansion was supported by a robust 16.8% jump in mining activity and a 2.8% gain in manufacturing, while the electricity index remained steady with a 1.6% rise.
