March 10, 2010

Malaysia: Improved Industrial Production

Malaysian industrial production rose 12.7 pct in January from a year earlier, its fastest growth pace since March 2004 and beating market expectations for a 11.3 pct rise.


The Statistics Department's data today showed that industrial production, a measure of manufacturing, mining and electricity output, was up 2.9 pct from a month ago. The number is not seasonally adjusted.

The annual growth in December was revised to 7.5 pct from 8.9 pct announced in January.

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