Monday, October 11, 2010

August IPI up 4% y-o-y to 107.4, sales value rose to RM45b

KUALA LUMPUR: The industrial production index (IPI) in August rose 4% year-on-year (y-o-y) to 107.4, due mainly to increases in the manufacturing and electricity indices.

Month-on-month, however, the IPI decreased 1.2% from July.

In a statement on Monday, Oct 11, the Department of Statistics Malaysia said that for the January-August period this year, the cumulative index grew 9.1% compared to same period a year ago.

The sales value of the manufacturing sector in August rose 8.9% y-o-y to RM45 billion from RM41.3 billion a year ago, it said.

Month-on-month, sales value decreased marginally by 0.8% or RM375.6 million from July this year.

The sales value in July was a revised positive 8.7% y-o-y to record RM45.4 billion.


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