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Friday, 10 January 2020

Malaysia Industrial Production Rises In November

Malaysia's industrial production growth accelerated in November driven by manufacturing, electricity and mining, data from the Department of Statistics showed on Friday.

Industrial production rose 2.0 percent year-on-year in November, following a 0.3 percent increase in October.

Manufacturing output grew 2.5 percent in November, following a 2.2 percent rise in the previous month.

Among other sectors, electricity output gained 1.6 percent annually in November, and mining and quarrying output rose 0.5 percent.

On a monthly basis, industrial production increased 1.8 percent in November, reversing a 1.0 percent decrease in the previous month.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2149686/

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