IPI rises 2.3% YoY in September, misses forecast

Quick Summary:

KUALA LUMPUR: The industrial production index (IPI) rose by 2.3% year-on-year (YoY) in September 2024, falling short of expectations, after a 4.1% increase in the previous month.

In the third quarter of 2024, the IPI rose by 3.9%, compared to 4.5% in the second quarter.

Conversely, the United States, South Korea, Thailand and Japan experienced a decline in IPI in September 2024.

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Category: EconomyBusiness

Markets: MalaysiaChinaJapanSouth KoreaSingaporeTaiwanThailandUnited StatesVietnam

Topics: /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 12:23:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 16 lines

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Copyright Owner: © The Star

News ID: 23467273

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