Friday 19 Apr 2024
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KUALA LUMPUR (Nov 10): Malaysia's industrial output in September likely rose  5.1 percent from a year earlier, a Reuters poll showed, slowing from August but was seen underpinned by technology demand.

    
The median forecast from 12 economists for September reflects lower factory production following weaker exports.
    
While exports have trended up slightly from 0.6 percent in July to 2.0 percent in September, growth is still much slower than April's pace of 18.9 percent.

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

 INDIVIDUAL ESTIMATES            September IPI
                                   (pct y/y)
 Median                               5.1
 High                                 6.2
 Low                                  2.0
 August                               6.5
 July                                 0.6
 No. of respondents                   12
 Ambank                               4.7
 BA Merrill Lynch                     6.0
 CIMB                                 5.8
 Credit Suisse                        5.1
 Forecast Pte                         6.2
 Hong Leong                           4.5
 HSBC                                 2.0
 ING                                  5.5
 Kenanga                              5.1
 Maybank                              4.0
 Standard Chartered                   4.7
 UOB                                  6.2

 

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