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Malaysia's Sept factory output up 1.0 pct y/y, below forecast

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Malaysia's Sept factory output up 1.0 pct y/y, below forecast Empty Malaysia's Sept factory output up 1.0 pct y/y, below forecast

Post by Cals Mon 11 Nov 2013, 14:20

Malaysia's Sept factory output up 1.0 pct y/y, below forecast
Business & Markets 2013
Written by Reuters   
Monday, 11 November 2013 12:19
KUALA LUMPUR (Nov 11): Malaysia's industrial production in September rose 1.0 percent from a year earlier, well below expectations, data from the Statistics Department showed on Thursday.

A Reuters poll of nine economists had forecast factory output would grow 2.5 percent, shored up by both export and domestic demand. 

The rise in September was the smallest since March. It was dragged lower by a fall in mining sector production.

The August increase in output was revised up to 2.7 percent year-on-year from 2.3 percent reported earlier.  

INDUSTRIAL PRODUCTION INDEX (base 2005)
(in points; base year 2000=100)
Sept*Aug 2013
116.0     114.3
Pct change yr/yr    1.0         2.7
mth/mth    1.5        -3.8

SECTOR BREAKDOWN 
(in points, unless otherwise stated)
Sept 2013
yr/yr (pct)		Sept 2013
mth/mth (pct)		Aug 2013
yr/yr (pct)
Manufacturing 2.4 3.7 5.2
Electricity  4.0-0.3 5.1
Mining-4.2-4.5-4.6
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