KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) for 2018 rose by 3.1 percent as compared with 2017, says the Department of Statistics Malaysia (DOSM) yesterday.
DOSM in a statement yesterday said the increased was supported by the growth in manufacturing sector (4.8 percent) and electricity sector (3.7 percent). However, the mining sector declined by 1.9 percent.
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said, December 2018 IPI increased 3.4 percent compared with the same month of 2017, driven by an increase in the manufacturing index, which grew 4.4 percent, electricity index (2.7 percent) and mining index (1.0 percent).
Major manufacturing sub-sectors which contributed to the growth he said, were electrical and electronic equipment products (7.2 percent), transport equipment and other manufacturers products (7.0 percent), and petroleum, chemical, rubber and plastic products (3.6 percent).
“Meanwhile, the mining index rose 1.0 percent in December contributed by 2.5 percent growth in crude oil index but natural as index decreased marginally by 0.2 percent,” he added. – Bernama
