Malaysia's industrial output rises 2.5 pct on year in November 2018

Source: Xinhua| 2019-01-11 15:30:28|Editor: xuxin
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KUALA LUMPUR, Jan. 11 (Xinhua) -- Malaysia's Industrial Production Index (IPI) rose by 2.5 percent year-on-year in November last year, underpinned by growth in manufacturing and electricity indices, official data showed Friday.

Malaysian Statistics Department said in a statement that manufacturing index rose 3.6 percent, and electricity index increased by 3.2 percent for the month.

However, mining index fell by 0.7 percent, dragged mainly by natural gas index.

Equipment and other manufactures products, electrical and electronic equipment products, as well as petroleum, chemical, rubber and plastic products are among the major sub-sectors for manufacturing industry that contributed to the growth.

In a separate statement, the department said that the manufacturing sales in November rose 7.7 percent year-on-year to 71.8 billion ringgit (17.5 billion U.S. dollars).

The improved sales were driven by the increases in transport equipment and other manufactures products; petroleum, chemical, rubber and plastic product; and electrical and electronics products.

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