Thursday, September 9, 2010

#Flash* July industrial production index up 3.2% on-yr, up 1.7% on-month

KUALA LUMPUR: The industrial production index (IPI) for July rose 3.2% on-year, underpinned by stronger manufacturing growth while the June IPI was revised to 9.3% on-year.

The Statistics Department said on Thursday, Sept 9 the increase in July was due to the increases in manufacturing (7.2%) and electricity (4.4%). However, the mining output fell 5.9%.

"Month-on-month, the IPI increased 1.7%. The cumulative index for the period of January-July 2010 increased 9.7% as compared with the same period of 2009," it said.

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