Malaysia’s manufacturing performance for the second quarter of this year showed an improvement of 23.6%, the Department of Statistics Malaysia (DoSM) said.
“The growth pushed the Industrial Production Index (IPI) for the second quarter up 22.6%, compared with the same period last year. Its chief statistician, Mohd Uzir Mahidin
On mining and electricity, he said that the IPI’s positive growth was spurred by the two sectors, which showed growth of 15.1% and 8.6%, respectively.
Uzir said the IPI for June also rose 1.4% compared with the same month last year.“The growth in June was underpinned by the expansion of 10.3% in the mining index. Meanwhile, the manufacturing and electricity indices fell 0.2% and 4.8%, respectively,” he said.
The main sub-sectors that contributed to the mining sector in June were the natural gas index (13.4%) and the crude oil and condensate index (6.3%).
