Home Economy Malaysia Industrial Production Growth Slows In July

Malaysia Industrial Production Growth Slows In July

by RTTNews Staff Writer

Malaysia’s industrial production grew at a slower pace in July, preliminary data from the Department of Statistics showed on Wednesday.

The industrial production index rose 1.2 percent year-on-year following a 3.9 percent increase in June.

Manufacturing output growth improved to 4 percent from 3.8 percent. Output growth in the electricity sector climbed to 2 percent from 1.7 percent.

Meanwhile, mining output decreased 8.4 percent after a 4.6 percent gain in the previous month.

On a month-on-month basis, industrial production fell 0.4 percent following a 1.1 percent slump in June.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy