Tuesday, 13 Jul 2021 12:46 PM MYT
A worker is seen at his station at Mapo Industries Sdn Bhd’s plastic container manufacturing plant in Port Klang July 8, 2021. Picture by Miera Zulyana
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KUALA LUMPUR, July 13 Malaysia s industrial production remained strong in May 2021 but the robust growth may not be sustainable, according to AmBank Research.
It noted that the Industrial Production Index (IPI) growth slowed down during the month with a smaller increase of 26 per cent year-on-year (y-o-y) compared with the 50.1 per cent y-o-y growth seen in April.
“The performance of the retail and wholesale sectors also showed a similar trend, improving by 28.3 per cent y-o-y in May 2021, down from a 66.2 per cent growth in April 2021.
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