ee

June industrial output tad higher than expected [Goreng Goreng]

gorenggoreng88
Publish date: Thu, 10 Aug 2017, 03:29 PM

 

KUALA LUMPUR: Malaysia's industrial output rose 4% in June, which was above economists's forecast of a 3% growth, mainly underpinned by the manufacturing sector's electrical and electronics (E&E) segment.

The Statistics Department said on Thursday the increase was supported by positive growth in all sectors, with manufacturing recording a 4.7% growth, mining (2.4%) and electricity (2.1%). 

“Year-on-year basis, manufacturing sector output increased by 4.7% in June 2017 after registering a strong growth of 7.3% in May 2017.

 The major sub-sectors which recorded an expansion in June were the E&E products (8.3%); food, beverages and tobacco (6.7%); and petroleum, chemical, rubber and plastic products (2.8%).

The mining sector recorded a 2.4% increase in output in June, which was turnaround from the decline of 2.3% in May. Underpinning the rebound were a 0.7% increase in the index for crude oil and 4.4% in the index for natural gas.

 
The electricity output increased by 2.1% in June, but slower than the 2.5% rise in May. 

 

M’sia trade surplus widens to RM9.88 bln, exports up 10 pct [Goreng Goreng]

June global semiconductor sales surge on-year to RM140b [Goreng Goreng]

ViTrox V-ONE Towards Industry 4.0 [Goreng Goreng]

Budget 2018 - Govt to focus on tax incentives for Industry 4.0 [Goreng Goreng]

ViTrox: Smart factory market poised for a boom... [Goreng Goreng]

How cars are going from smart to smarter [Goreng Goreng]

Geely's Volvo to go all electric with new models from 2019 [Goreng Goreng]

 

Ooi Kak Hwa: The share market will be extremely bullish!

Goreng Goreng Goreng.....

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment