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Malaysia's Sept factory output up 2.3 pct y/y, just above forecast


Reuters


KUALA LUMPUR, Nov 9 (Reuters) - Malaysia's industrial production index rose 2.3 percent in September from a year earlier, slightly faster than the previous month, supported by gains in the manufacturing and electricity generation sectors, government data showed on Friday.

Economists polled by Reuters had forecast September's output growth to remain unchanged at 2.2 percent for a second month in a row.

The index measures factory output from the manufacturing, electricity generation and mining sectors.

Mining output, however, declined for a fifth straight month, falling 6.2 percent.

Malaysia's exports rebounded in September from a drop in the previous month, driven by demand for manufactured and mining goods.




This article appears in: Politics , Stocks , World Markets , Economy , Commodities



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