Malaysia's IPI rises 2.4% in May

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KUALA LUMPUR: Malaysia's industrial production index (IPI) rose 2.4% year-on-on-year in May, on the back of steady output growth in the manufacturing sector, according to the national statistics department.

On a month-on-month basis, export-oriented industries turned upward by 9% from negative-11.6% in April 2024.

The growth momentum was also reflected in the country's manufactured goods export performance, which expanded 13.5% in May 2024.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: DoSM Mining Manufacturing /Business/Business News Economy Electricity IPI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 12:35:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21581903

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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