April 2021 Headline Industrial Production Improves
The headlines say seasonally adjusted Industrial Production (IP) improved month-over-month - and remains in expansion year-over-year due to comparison to the pandemic lockdown period one year ago. Our analysis shows the three-month rolling average improved.
Analyst Opinion of Industrial Production
The best way to view this is the 3-month rolling averages which improved. Note that:
Total industrial production increased 0.7 percent in April. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively; the index for manufacturing rose 0.4 percent despite a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors. An important contributor to the gain in factory output was the return to operation of plants that were damaged by February s severe weather in the south central region of the country and had remained offline in March. The weather-induced drop in total industria
GDP chts
PETALING JAYA: Green shoots have been increasingly visible in the Malaysian economy, especially in the first three months of the year, led by a recovery in optimism and demand.
While the economy is not out of the woods yet, macroeconomic data have indicated that the country is continuously moving away from the “painful effects” of Covid-19 in 2020.
The Consumer Sentiment Index, published by the Malaysian Institute of Economic Research (MIER), has increased by 13.7 points to 98.9 points in the first quarter of 2021 (Q1’21) – its highest reading since Q3’18.
The Business Confidence Index, which slipped by 3.6 points to 111.8 points in Q1’21, remained well above the optimism threshold of 100 points for two consecutive quarters.
It looks like this was the result of either:
A mistyped address
A broken link on our site
A broken link on a search engine results page
A broken link on someone else s page
Some things to try:
Use the navigation menu at the top Most Read
10 May 2021 / 12:30 H.
KUALA LUMPUR: The economic sector recorded 177,900 job vacancies in the first quarter of 2021, up 7.2 per cent compared to the same quarter of the preceding year, the Department of Statistics Malaysia (DOSM) said.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin
(pix) said the increase of job vacancies during the quarter was in line with the improvement in economic performance.
“Sales value of wholesale and retail trade registered the first positive year-on-year growth of 9.3 per cent while the Industrial Production Index (IPI) surged 9.3 per cent in March 2021 during the same period,” he said in a statement.
-Bernama
Monday, 10 May 2021 02:53 PM MYT
Taxi drivers wait to pick up customers in Chow Kit, Kuala Lumpur November 3, 2020. Picture by Hari Anggara
Subscribe to our Telegram channel for the latest updates on news you need to know.
PUTRAJAYA, May 10 The economic sector recorded 177,900 job vacancies in the first quarter of 2021, up by 7.2 per cent as compared to the same quarter of the preceding year, according to the Department of Statistics Malaysia (DoSM).
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase of job vacancies during the quarter was in line with the improvement in economic performance.
He said the wholesale and retail trade sales value registered the first positive year-on-year growth of 9.3 per cent while the Industrial Production Index (IPI) surged 9.3 per cent in March 2021 during the same period.