Malaysia Industrial Production Decline Slows In August

Malaysia's industrial production declined at a softer pace in August, data from the Department of Statistics showed on Tuesday. Industrial production fell 0.7 percent year-on-year in August, after a 5.1 percent increase in July. Economists had expected a 0.6 percent growth. The growth in production was mainly driven by a rise in production of manufacturing industry. Manufacturing output gained 0.6 percent yearly in August, after a 6.5 percent decrease in the previous month. Among other sectors, the mining and quarrying output decreased 4.2 percent and electricity output fell 4.8 percent. On a monthly basis, industrial production increased 3.2 percent in August. For comments and feedback contact: editorial@rttnews.com Economic News What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more. Biotech Stocks Facing FDA Decision In October 2021 Biotech Stocks Facing FDA Decision In September 2021 Biotech Stocks Facing FDA Decision In August 2021

Malaysia Industrial Production Decline Slows In August

Malaysia's industrial production declined at a softer pace in August, data from the Department of Statistics showed on Tuesday.

Industrial production fell 0.7 percent year-on-year in August, after a 5.1 percent increase in July. Economists had expected a 0.6 percent growth.

The growth in production was mainly driven by a rise in production of manufacturing industry.

Manufacturing output gained 0.6 percent yearly in August, after a 6.5 percent decrease in the previous month.

Among other sectors, the mining and quarrying output decreased 4.2 percent and electricity output fell 4.8 percent.

On a monthly basis, industrial production increased 3.2 percent in August.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

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