KUALA LUMPUR: Malaysias Industrial Production Index (IPI) grew 6.9 per cent in March 2015 compared with the same month a year ago, driven by growth in the indices of manufacturing, mining and electricity components. In a statement today, the Statistics Department said manufacturing rose 6.3 per cent, mining (9.2 per cent) and electricity (3.8 per cent). It also said the IPI in February 2015 remained unchanged at 5.2 per cent year-on-year. On a month-on-month basis, in seasonally adjusted terms, the IPI in March increased by 0.6 per cent following an increase in the indices for manufacturing (1.2 per cent), mining (1.2 per cent) and electricity (2.3 per cent). The department said manufacturing output recorded a strong growth of 6.3 per cent year-on-year in March, contributed by the electrical and electronics products (13 per cent), petroleum, chemical, rubber and plastic products (4.5 per cent) and non-metallic mineral products, basic metal and fabricated metal products (5.6 per cent)
To continue reading the rest of the article, click here