Asian Economic News

Malaysia Aug Industrial Production Growth Improves

Malaysia's industrial production growth accelerated in August, after easing in the previous month, data from the Department of Statistics showed Wednesday.

Industrial production rose 4.9 percent year-over-year in August, faster than July's 4.1 percent gain.

Production in the manufacturing sector expanded 4.6 percent on year and electricity output surged by 11.4 percent. Mining production also registered a growth of 4.3 percent.

Separately, the statistical office revealed that the manufacturing sales value dropped 0.6 percent in August from a year ago. Total employees engaged in the manufacturing sector rose 0.2 percent and salaries and wages climbed by 6.8 percent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Economic News