Malaysia's industrial production rose at a softer pace in January, data from the Department of Statistics showed on Friday.
Industrial production rose 1.2 percent year-on-year in January, after a 1.7 percent increase in December. Economists had expected a 0.7 percent rise.
The growth in production was mainly driven by a rise in production of manufacturing industry.
Manufacturing output gained 3.5 percent yearly in January, after a 4.1 percent increase in the previous month.
Among other sectors, the mining and quarrying output decreased 4.5 percent and electricity output fell 4.6 percent.
On a monthly basis, industrial production rose 0.1 percent in January.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2173546/
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