IPI rises 2.7pc in December 2015
Published on: Friday, February 12, 2016
Kuala Lumpur: Malaysia's Industrial Production Index (IPI) rose 2.7 per cent in December 2015 to 127.2 against the corresponding month in 2014, supported by positive growth in manufacturing and electricity output, says the Statistics Department said.It said the manufacturing index grew 4.0 per cent and the electricity index increased 5.6 per cent but the mining index recorded a decrease of 1.5 per cent.The department said the IPI in November 2015 remained unchanged at 1.8 per cent, year-on-year.
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"In seasonally adjusted terms, the IPI in December 2015 edged up 2.8 per cent, month-on-month, following an increase in manufacturing (3.6 per cent), mining (2.5 per cent) and electricity (3.5 per cent)," it said in a statement Thursday.The manufacturing sector output grew 4.0 per cent in December 2015 after registering a growth of 4.1 per cent a month earlier.The major sub-sectors which recorded an expansion in December 2015 were electrical and electronics products (8.6 per cent), petroleum, chemical, rubber and plastic products (1.6 per cent) and non-metallic mineral products, basic metal and fabricated metal products (5.0 per cent).It said the mining sector output fell by 1.5 per cent in December 2015 compared with the same month in 2014 due to the decrease in natural gas index (3.0 per cent) and crude oil index (0.3 per cent).
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"The electricity sector output grew 5.6 per cent in December 2015 on a yearly basis," the department said.Stay up-to-date by following Daily Express’s Telegram channel.
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Total employees engaged in the manufacturing sector in December 2015 was 1.027 million persons, a decrease of 0.4 per cent, compared with 1,031 million persons employed in December 2014, it said. – Bernama
