Malaysia July factory output growth seen slowing

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KUALA LUMPUR (Sept 9): Malaysia's industrial output in July probably grew 4.3 percent from a year earlier, a Reuters poll showed, in line with weaker exports during the Muslim fasting month of Ramadan.

The median forecast from 11 economists for July was well below June's 7.0 percent annual rise. Exports in July grew at their weakest pace in more than a year, up a mere 0.6 percent after posting strong growth for most of 2014.

Forecasts for Malaysia's July year on year Industrial Production Index:        

INDIVIDUAL ESTIMATES        July IPI
(pct y/y)
Median                         4.3
High                           5.0
Low                            1.4
June                           7.0
May                            6.0
No. of respondents             11
Ambank                         3.5
BA Merrill Lynch               4.7
CIMB                           4.3
DBS                            2.5
Forecast Pte                   4.4
ING                            5.0
Maybank                        1.9
Nomura                         1.4
OCBC                           5.0
RAM                            4.2
Standard Chartered             4.3