Malaysia's IPI rises 1.5 pct in February

2021-04-09 10:05:54 GMT2021-04-09 18:05:54(Beijing Time) Xinhua English

KUALA LUMPUR, April 9 (Xinhua) -- Malaysia's Industrial Production Index (IPI) grew 1.5 percent in February year on year, mainly driven by a higher manufacturing index, official data showed Friday.

Malaysian Statistics Department said in a statement that the growth of IPI in February was driven by the manufacturing index which increased by 4.5 percent year on year.

Meanwhile, the mining and electricity index dropped 6 percent and 5.8 percent respectively.

According to the department, the major sub-sectors contributing to the growth in the manufacturing sector in February were electrical and electronics products, petroleum, chemical, rubber and plastic products, and transport equipment and other manufactures.

The deterioration of the mining sector, on the other hand, was due to the decrease in crude oil and condensate index, and natural gas index. Enditem

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