PETALING JAYA: Malaysia’s Industrial Production Index (IPI) grew 2.0% in November 2019 compared with the same month of the previous year, driven by the increase in the index of manufacturing (2.5%), electricity (1.6%) and mining (0.5%).
Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said on a year-on-year basis, the manufacturing sector output rose 2.5% in November 2019 after recording a growth of 2.2% in October 2019.
The major sub-sectors contributing to the increase in November 2019 were transport equipment and other manufactures (4.3%), non-metallic mineral products, basic metal and fabricated metal products (3.7%) and petroleum, chemical, rubber and plastic products (2.0%).
The mining sector output grew 0.5% in November 2019 as compared to the same period of the previous year, due to the increase in natural gas index (3.7%). Meanwhile, crude oil and condensate index declined by 3.3%.
The electricity sector output increased 1.6% in November 2019 as compared to the same month of the previous year.
source https://www.thesundaily.my/business/ipi-up-2-in-november-2019-CX1880657
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