Malaysia's industrial production index climbed 3.2% in January, from a year earlier, on higher mining, manufacturing and electricity output. – The Malaysian Insider file pic, March 11, 2016. Malaysia's industrial production index (IPI) rose 3.2% in January, from a year earlier, on higher mining, manufacturing and electricity output.
In a statement today, the Statistics Department said mining and manufacturing output rose 0.7% and 3.9% respectively. Electricity production was 7.7% higher.
"Year-on-year, manufacturing sector output grew 3.9% in January 2016, after registering a growth of 4.0% in December 2015.
"The mining sector output registered a growth of 0.7% in January 2016, as compared to the same month in 2015. This growth was mainly due to the increase of crude oil index (0.9%) and natural gas index (0.4%)," the department said.
In monthly terms, January IPI rose 0.5% from the preceding month, on expansion in all three components of the index, according to the department.
January IPI's 3.2% on-year growth compares with December 2015's 2.7% expansion. – The Edge, March 11, 2016.
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