Malaysia Feb IPI up 1.7% y-o-y on electricity, manufacturing output growth

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KUALA LUMPUR (April 11): Malaysia's industrial production index (IPI) saw a year-on-year increase of 1.7% in February 2019, on electricity and manufacturing output growth.

Department of Statistics chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today the IPI's electricity segment increased 4.9%.

Manufacturing output increased 3.7% in February 2019, after growing 4.2% in January 2019, according to the statement.

"Meanwhile, the index of mining recorded a decline of 5%," Mohd Uzir said.

"The major sub-sectors which recorded an increase in February 2019 were: food, beverages and tobacco products (6.3%), non-metallic mineral products, basic metal and fabricated metal products (4.6%), and electrical and electronics products (3.1%)," it said.

Meanwhile, the department said the mining sector's decline of 5% in February 2019 was due to the decrease in the natural gas index (-5.6%) and crude oil index (-4.3%).