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9 months ago
Malaysia October factory output growth seen picking up to 3.3 percent year-on-year
December 7, 2016 / 9:54 AM / 9 months ago

Malaysia October factory output growth seen picking up to 3.3 percent year-on-year

A worker rides his bicycle inside the Lynas factory in Gebeng, 270 km (168 miles) east of Kuala Lumpur April 19, 2012.Samsul Said/File Photo

KUALA LUMPUR (Reuters) - Malaysia's industrial production MYIP=ECI in October likely rose 3.3 percent from a year earlier, slightly faster than the previous month's pace, a Reuters poll showed.

Factory output in September expanded 3.2 percent on an annual basis, helped by strength in the manufacturing and electricity sectors.

Malaysia's exports in October suffered their biggest drop in 18 months, falling 8.6 percent, which the government said stemmed from a high base a year earlier.

Reporting by Rozanna Latiff; Editing by Richard Borsuk

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