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Rising exports, falling unemployment augur well
KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) grew 1.5% in February 2021 compared with a year ago underpinned by growth in the manufacturing index.
THIS week will see the release of industrial production index (IPI) figures for February and the manufacturing sales value. Unemployment rate data is also due on Thursday.
PETALING JAYA: Industrial output in Malaysia is expected to see stronger growth in the second half of the year, supported by the manufacturing sector on resumption of economic activities, economists say.
Moody's Analytics expects industrial production to pick up in the coming months from robust external demand for electronics, and from a rise in oil prices.
KUALA LUMPUR: The manufacturing sector underpinned the industrial production index (IPI) in January despite declines in the mining and electricity indices.
KUALA LUMPUR: Malaysia’s industrial output for December last year exceeded forecasts as the recovery was underpinned by the manufacturing sector, according to the Statistics Department.