PERFORMANCE OF INDUSTRIAL PRODUCTION INDEX

The Industrial Production Index (IPI) increased by 1.8% in November 2015 as compared to the same month of the previous year. The surged in November 2015 was supported by positive growth in Manufacturing index (4.1%) and Electricity index (2.0%). However, the Mining index recorded a decreased of 4.1%. The IPI in October 2015 remain unchanged at 4.2% year-on-year.

In seasonally adjusted terms, the IPI in November 2015 declined by 1.1% month-on-month following a decrease in all indices: Manufacturing (1.1%), Mining (1.2%) and Electricity (1.3%).

PERFORMANCE OF MANUFACTURING SECTOR

Year-on-year, Manufacturing sector output expanded moderately by 4.1% in November 2015 after registering a strong growth of 6.2% in October 2015. The major sub-sectors which expanded in November 2015 were: Electrical and Electronics Products (9.3%); Food, Beverages and Tobacco (4.6%) and Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (4.3%). On a seasonally adjusted month-on-month basis, Manufacturing output declined by 1.1% in November 2015.

PERFORMANCE OF MINING SECTOR

The Mining sector output fell by 4.1% in November 2015 as compared to the same month in 2014 due to the decrease in Natural Gas index (8.7%) and Crude Oil index (0.3%). On a seasonally adjusted terms, output for the Mining sector contracted 1.2% as compared to October 2015.

PERFORMANCE OF ELECTRICITY SECTOR

The Electricity sector output grew 2.0% in November 2015 on yearly basis. On a seasonally adjusted terms, Electricity sector output decreased by 1.3% as compared to the previous month.

Malaysia’s Industrial Production Index for the period of January to November 2015 posted a growth of 4.7% as compared to the same period of the previous year. The expansion was supported by the increase in all three indices: Manufacturing (4.9%); Mining (4.7%) and Electricity (2.1%).