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Malaysia Sept factory output up 4.7 pct y/y, misses forecast
November 9, 2017 / 4:21 AM / a month ago

Malaysia Sept factory output up 4.7 pct y/y, misses forecast

    KUALA LUMPUR, Nov 9 (Reuters) - Malaysia's industrial
production in September expanded at a pace well below
expectations, as growth slowed across all sectors.
    Factory output grew 4.7 percent from a year earlier in
September, below the 6.1 percent annual rise forecast in a
Reuters poll.
    Industrial output was up 6.8 percent in August.
    Manufacturing output grew by only 5.7 percent year on year
in September, compared to a growth of 7.6 percent in August,
according to data from the Statistics Department.
    Growth slowed across all sub-sectors like petroleum,
chemical, rubber and plastic products, electrical and electronic
products and food, beverages and tobacco products. 
    The electricity generation sector rose 2.2 percent
year-on-year, while mining output grew 2.1 percent. 
    Malaysia's exports in September rose 14.8 percent from a
year earlier, slowing in pace for the second month in a row,
despite strong demand for manufactured goods in China and
Europe.
    
SECTOR BREAKDOWN (in pct, unless otherwise stated)              
   
                         Sept 2017   Aug 2017
                                      yr/yr
                                      (pct) 
 Manufacturing           5.7           7.6
 Electricity             2.2           3.0
 Mining                  2.1           5.3
 *indicates revised figure          

 (Reporting by KL bureau; Editing by Sunil Nair)
  

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