Malaysia's industrial production growth eased as expected in June, preliminary figures from the Department of Statistics showed Monday.
Industrial production climbed 4.3 percent year-over-year in June, in line with expectations, but slower than May's 4.5 percent gain.
Production in the manufacturing sector grew 4.9 percent in June from a year ago, following a 3.2 percent rise registered in the prior month.
The mining sector output advanced by 4.0 percent, due to the increase of crude oil index. At the same time, electricity production logged a decrease of 2.3 percent.
On a monthly basis, industrial production edged up a seasonally adjusted 0.1 percent in June.
In a separate report, the statistical office announced that manufacturing sales value rose 1.7 percent yearly to MYR 54.3 million in June from MYR 53.3 million in the corresponding month last year.
Month-on-month, manufacturing sales value surged 6.8 percent in June and on a seasonally adjusted basis, the value increased by 5.3 percent.
The average wages and salaries paid per employee in June climbed by 6.7 percent annually and it grew by 3.4 percent from the preceding month.
Productivity of average sales value per employee increased by 2.6 percent in June as compared to the same month last year. Compared to May, productivity rose by 7.1 percent.
For comments and feedback: editorial@rttnews.com