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Qatar s IPI increases 6% in May - The Peninsula Qatar
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June 2021 Headline Industrial Production Improves
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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.
Malaysia s IPI surges 26% in May 2021 DOSM
The Edge 13 hrs ago Syafiqah Salim © Provided by The Edge
KUALA LUMPUR (July 12): Malaysia s Industrial Production Index (IPI) surged 26% in May 2021 from a year earlier, driven by increases among all indices.
In a statement today, the Department of Statistics Malaysia s (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the surge was due to the growth of the mining, manufacturing, and electricity segments.
According to him, the manufacturing index rose 29.8% year-on-year, after recording 68% growth on a quarter-on-quarter basis in April 2021. The major sub-sectors contributing to the growth in manufacturing sector in May 2021 were petroleum, chemical, rubber & plastic products (34.8%), non-metallic mineral products, basic metal & fabricated metal products (49.4%), and transport equipment & other manufactures (68.9%).
Malaysia s industrial output up 26 pct in May - World News
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