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Malaysia Industrial Production Growth Eases In November

Malaysia’s industrial production growth eased in November, data from the Department of Statistics showed on Friday.

Industrial production rose 2.5 percent year-on-year in November, slower than the 4.3 percent climb in October. Meanwhile, economists had expected a growth of 2.3 percent.

Among sectors, manufacturing output grew 3.6 percent annually in November, while mining output declined by 0.7 percent, the agency said.

On a monthly basis, industrial production registered a 0.1 percent gain in November, which was slower than the 1.7 percent increase in the previous month.

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