Malaysia's IPI up 6.1 pct in April

0 Comment(s)Print E-mail Xinhua, June 10, 2024
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KUALA LUMPUR, June 10 (Xinhua) -- Malaysia's industrial production index (IPI) rose 6.1 percent in April, underpinned by higher output growth in the manufacturing sector, official data showed Monday.

The Department of Statistics Malaysia (DOSM) said in a statement that the manufacturing sector output rose by 4.9 percent in April, while the mining sector grew 10 percent.

Meanwhile, the growth in the electricity sector remained steady at a rate of 7.6 percent.

In comparison with the preceding month, the IPI declined by 7.6 percent, contrasting with the positive growth in the previous month.

For the period from January to April, the IPI improved by 3.9 percent as compared to 1.3 percent recorded in the same period of the previous year.

During the period, all sectors posted an expansion, namely the mining index at 6.9 percent, the manufacturing index at 2.8 percent, and the electricity index at 8.8 percent. Enditem

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