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Industrial Production Index (IPI) rose 3.0% in April 2016
In April 2016, the Industrial Production Index (IPI) rose 3.0% after registering 2.8% in March 2016. The rise in April 2016 was supported by positive growth in all indices such as Manufacturing (3.3%), Mining (0.6%) and Electricity sectors (9.4%). Manufacturing sector increased 3.3% in April 2016 propelled by three major sub-sectors; Electrical and Electronics Products (7.9%), Petroleum, Chemical, Rubber and Plastic Products (4.8%) and Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (4.1%). Year-on-year basis, the Mining sector output improved to register a growth of 0.6% in April 2016 after a decrease of 2.5% in March 2016. This growth was supported by the increase of 3.7% in Natural Gas index. Meanwhile, the Crude Oil index declined by 1.6%. The Electricity sector output grew at a stronger pace of 9.4% in April 2016 after registering 7.7% in March 2016.
Released By: THE OFFICE OF CHIEF STATISTICIAN MALAYSIA |
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