Malaysia Industrial Production Growth Slows In October

Malaysia's industrial production growth slowed in October driven by the weakness in mining, data from the Department of Statistics showed on Thursday.

Industrial production rose 0.3 percent year-on-year in October, slower than 1.7 percent increase in September. Economists had expected a 2.0 percent growth.

Manufacturing output growth slowed to 2.2 percent from 2.5 percent in the previous month.

Among other sectors, electricity output rose 0.5 percent annually in October, while mining and quarrying output dropped 5.8 percent.

On a monthly basis, industrial production fell 1.0 percent in October, following a 0.3 percent decrease in the previous month.



by WooHoo Ireland


Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram