Thursday 25 Apr 2024
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KUALA LUMPUR (June 11): Malaysia's industrial production index (IPI) rose 4.6% year-on-year (y-o-y) in April 2018, supported by the increase in manufacturing, mining and electricity output.

The Statistics Department said in a statement today the IPI's manufacturing segment grew 5.3%, while the index's mining and electricity portions increased 1.8% and 5.8% respectively.

"The manufacturing sector output rose by 5.3% in April 2018 after recording a growth of 4.1% in March 2018. The major sub-sectors which registered increases in April 2018 were: electrical and electronic equipment products (6.6%), petroleum, chemical, rubber and plastic products (3.0%), and non-metallic mineral products, basic metals and fabricated metal products (4.7%).

"The mining sector output recorded an increase of 1.8% in April 2018 compared to the same period of the previous year. This was due to an increase in the crude oil index (4.4%). Meanwhile, natural gas index decreased by 0.4%. The electricity output increased by 5.8% in April 2018 after recording an increase of 4.4% in March 2018," the department said.

For March 2018, the department said the IPI rose 3.1% y-o-y.

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