KUALA LUMPUR: Malaysia's industrial production index in March rose 2.4% on-year, underpinned by the manufacturing sector.
The Statistics Department said on Wednesday, May 11 the IPI rose 12.1% from February. The IPI for February was revised to 5.2% on-year.
'The cumulative index for the first quarter of 2011 increased 2.6% as compared with the same period of 2010,' it said.
It said the increase in the IPI in March on-year was due to the 5.3% growth in the manufacturing sector, mainly due to the petroleum, chemical, rubber and plastic products segments and also the non-metallic mineral products, basic metal and fabricated metal products. However, the mining and electricity indices fell 4.0% and 0.7% respectively.
When compared to February, the IPI was up 12.1% due to a 8.2% increase in minining, 13.3% in manufacturing and 15.1% in electricity.
The Statistics Department said on Wednesday, May 11 the IPI rose 12.1% from February. The IPI for February was revised to 5.2% on-year.
'The cumulative index for the first quarter of 2011 increased 2.6% as compared with the same period of 2010,' it said.
It said the increase in the IPI in March on-year was due to the 5.3% growth in the manufacturing sector, mainly due to the petroleum, chemical, rubber and plastic products segments and also the non-metallic mineral products, basic metal and fabricated metal products. However, the mining and electricity indices fell 4.0% and 0.7% respectively.
When compared to February, the IPI was up 12.1% due to a 8.2% increase in minining, 13.3% in manufacturing and 15.1% in electricity.
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