Malaysia industrial production declined unexpectedly in March, data from the Department of Statistics showed Thursday.
Production decreased 0.2 percent year-on-year in March against 0.2 percent growth expected by economists.
Manufacturing production fell 0.3 percent from a year earlier and mining output dropped 1.8 percent. However, there was a 7 percent annual growth in electricity production, data showed.
On a month-on-month seasonally adjusted basis, overall production fell 1.3 percent. Manufacturing decreased 1.9 percent and mining slipped 0.5 percent. Electricity production was up 3.6 percent from a month ago.
Separately, the statistical office reported that manufacturing sales declined 7.5 percent year-on-year in March. Month-on-month, the sales value increased 10.3 percent.
In a report on the performance of the construction sector, the Department of Statistics said the total value of construction work done in the first quarter decreased 5.4 percent compared to the previous quarter.
However, on a year-on-year basis, it recorded a significant growth of 18.4 percent. In the fourth quarter of 2012, the value of construction work done was up 8.8 percent quarter-on-quarter and was 25.6 percent higher than a year earlier.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.