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IPI grew 4.9pct in August, says Statistics Dept

KUALA LUMPUR: The Industrial Production Index grew by 4.9 per cent in August, driven by output activities in both and manufacturing and mining.

The Statistics Department said all three indices measured by the IPI recorded positive growth.

They are manufacturing (4.6 per cent), mining (4.3 per cent) and electricity (11.4 per cent).

The manufacturing sector output saw growth in its major sub-sectors, namely, electrical and electronics products (7.9 per cent), petroleum, chemical, rubber and plastic products (4.5 per cent) and non-metallic mineral products, basic metal and fabricated metal products (4.6 per cent).

The mining sector output recorded a growth of 4.3 per cent in August 2016 after a 6.1 per cent increase in July 2016.

The Statistics Department said the expansion in August was supported by the increase in crude oil index (6.5 per cent) and natural gas index (1.5 per cent).

The electricity sector output expanded significantly by 11.4 per cent following an increase of 7.1 per cent recorded in July.

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