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Malaysia's industrial production index up 3pct in Jan 2018

Source: New Straits Times    Time:2018-03-14 10:53:21
Malaysia’s Industrial Production Index (IPI) rose 3.0 per cent in January 2018 from the same month of 2017, supported by positive growth in all indices, manufacturing (4.8 per cent), mining (1.5 per cent) and electricity (4.3 per cent).
In a statement today, the Statistics Department said the manufacturing sector output increased by 4.8 per cent in January 2018 after recording an increase of 5.3 per cent in December 2017.
“The major sub-sectors which recorded increases in January 2018 were Food, Beverage and Tobacco Products (14.4 per cent), Petroleum Products, Chemicals, Rubber and Plastic (2.1 per cent) and Electrical and Electronics Equipment Products (4.0 per cent),” it said.
The department said the mining sector output registered a growth of 1.5 per cent in January 2018 (December 2017: – 4.1 per cent). The growth was contributed by an increase in the Crude Oil index (1.8 per cent) and Natural Gas index (1.5 per cent).
The electricity output increased by 4.3 per cent in January 2018 after recording 3.9 per cent in December 2017.

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