Malaysia’s IPI Expands 5.3 pct In July, Driven By Strong Manufacturing Output – DOSM
KUALA LUMPUR, Malaysia’s Industrial Production Index (IPI) expanded by 5.3 per cent in July 2024, following 5.0 per cent growth in the previous month driven by a surge in manufacturing output, said the Department of Statistics (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said manufacturing output rose by 7.7 per cent in July 2024 compared to 5.2 per cent in the preceding month, and electricity output increased by 7.0 per cent compared to 3.5 per cent in June 2024. ‘Meanwhile, the mining sector’s production declined 5.0 per cent against a 4.9 per cent growth