Malaysia Industrial Production Growth Improves In March

Malaysia’s industrial production grew at a faster-than-expected rate in March, data from the Department of Statistics showed on Friday.

Industrial production rose 3.1 percent year-on-year in March, following a 1.7 percent increase in February. Economists had expected a growth of 2.1 percent.

Among sectors, manufacturing output grew 4.1 percent annually in March, and production in electricity rose 4.8 percent. Meanwhile, mining output declined by 0.2 percent.

On a monthly basis, industrial production climbed 1.2 percent in March, after a 2.0 percent decline in the previous month.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Malaysia Industrial Production Growth Improves In March

Won't your trader friends like this?
InstaForex
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*