Malaysia's November factory output beats forecast

A motorcyclist passes through a container yard at North Port in Port Klang outside Kuala Lumpur Jan 8, 2009. (Reuters file photo)

KUALA LUMPUR: Malaysia's industrial production index rose 2.5% in November from a year earlier, higher than forecast but slower than the previous month, government data showed on Friday.

A Reuters survey had forecast November's annual output growth to ease to 2.2%, down from a 4.2% rise in October.

The index measures factory output from the manufacturing, electricity generation and mining sectors.

Growth in November was supported by a 3.6% increase in the manufacturing index and 3.2% rise in the electricity index, data from the Statistics Department showed.

The mining index, however, dipped 0.7%, the data showed.

Malaysia's exports in November had grown marginally by 1.6% from a year earlier, on a sharp drop in demand from China and a contraction in exports to the US of manufactured goods.


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