Malaysia’s IPI up 4.3 per cent in June 2015
KUALA LUMPUR: The Industrial Production Index (IPI) increased 4.3 per cent in June 2015 compared with the corresponding month a year ago, the Statistics Department said.
In a statement yesterday, the department said the expansion in June 2015 was supported by positive growth in manufacturing (4.9 per cent) and mining (4.0 per cent), while the electricity index decreased 2.3 per cent.
The IPI in May 2015 remained unchanged at 4.5 per cent yearon-year.
In seasonally adjusted terms, the IPI in June 2015 grew 0.1 per cent month-on-month due to the increase in the manufacturing index (2.5 per cent).
Meanwhile, the index for mining and electricity declined 3.7 per cent and 2.0 per cent, respectively.
The department said manufacturing sector output edged up to 4.9 per cent in June 2015 after an increase of 3.2 per cent registered
This expansion was mainly due to the increase in the crude oil index (6.6 per cent) and natural gas index (1.0 per cent.
Statistics Department
in May 2015.
The major sub-sectors that increased in June 2015 were, namely electrical and electronics products (6.1 per cent); food, beverages and tobacco (11.2 per cent); and petroleum, chemical, rubber and plastic products (2.2 per cent), it added.
On a seasonally adjusted monthon-month basis, manufacturing output grew 2.5 per cent in June 2015, the Statistics Department said.
In the mining sector, the output increased 4.0 per cent in June 2015 compared with the same month in 2014.
“This expansion was mainly due to the increase in the crude oil index (6.6 per cent) and natural gas index ( 1.0 per cent),” it said.
In May 2015, the seasonally adjusted output for the mining sector declined 3.7 per cent.
The electricity sector output fell 2.3 per cent in June 2015 on yearly basis.
In seasonally adjusted terms, the electricity sector output contracted 2.0 per cent in June 2015 compared with the previous month.
The Statistics Department said Malaysia’s IPI for the second quarter of 2015 expanded 4.3 per cent compared with the same quarter a year ago.
The increase was due to a rise in all three indices, namely manufacturing (4.1 per cent); mining (5.7 per cent) and electricity (0.6 per cent), it added. — Bernama