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Malaysia’s Index of Industrial Production (IPI) posted a higher growth of 4.2% in October 2016
The Index of Industrial Production (IPI) posted a higher growth of 4.2% in October 2016 as compared to the same month of the previous year. The expansion in October 2016 was driven by higher growth in all indices: Manufacturing (4.2%), Mining (3.5%) and Electricity (6.9%). The IPI in September 2016 has been revised from 3.2% to 3.1% due to the revision in the Mining index.
The Manufacturing sector output continued to expand at 4.2% in October 2016 after registering an increase of 4.0% in September 2016. The major sub-sectors which recorded growth in October 2016 were: Electrical and Electronics Products ( 8.0%); Petroleum, Chemical, Rubber and Plastic Products (3.7%) and Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (4.0%).
The Mining sector output rebounded to 3.5% in October 2016 after a decrease of 0.3% in September 2016. The expansion in October 2016 was supported by the increase in Crude Oil index (2.7%) and Natural Gas index (4.4%).
The Electricity sector output expanded steadily by 6.9% in October 2016 following an increase of 7.1% in September 2016.
*Notes:
Data for October
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
9 DISEMBER 2016
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Department of Statistics, Malaysia
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Email : mkho[at]stats.gov.my
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