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Malaysia's IPI rises 12.1 pct in June

Xinhua
09 Aug 2022, 22:18 GMT+10

KUALA LUMPUR, Aug. 9 (Xinhua) -- The Industrial Production Index (IPI) in Malaysia increased 12.1 percent in June as compared to the same month of the previous year, official data showed Tuesday.

The expansion of the IPI was contributed by the manufacturing, electricity and mining sectors, with a growth of 14.5 percent, 14.1 percent and 2.1 percent respectively, the Department of Statistics Malaysia said in a statement.

For the second quarter, the IPI grew 6.9 percent from the same period of the previous year.

The increase was attributed by growth in the manufacturing index (9.3 percent) and electricity index (5.8 percent).

Meanwhile, the mining index for the period contracted 1.1 percent.

As for the period from January to June, the IPI recorded an expansion of 5.7 percent as compared to the same period of the previous year.

The expansion was supported by the manufacturing index, which increased by 7.8 percent, and electricity index, which grew 4.7 percent.

Meanwhile, the mining index for the period shrank 1.4 percent.

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