Malaysia’s industrial production grew at a faster-than-expected rate in March, data from the Department of Statistics showed on Friday.
Industrial production rose 3.1 percent year-on-year in March, following a 1.7 percent increase in February. Economists had expected a growth of 2.1 percent.
Among sectors, manufacturing output grew 4.1 percent annually in March, and production in electricity rose 4.8 percent. Meanwhile, mining output declined by 0.2 percent.
On a monthly basis, industrial production climbed 1.2 percent in March, after a 2.0 percent decline in the previous month.
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.
