RHB | Malaysia | Industrial Production Picked Up And Manufacturing Sales Rebounded In March, Real GDP To Hold Up In 1Q

Economic Research	12 May 2015
Malaysia
Economic Highlights
Industrial Production Picked Up And Manufacturing Sales Rebounded In March, Real GDP To Hold Up In 1Q Industrial production picked up to 6.9% y-o-y in March, after moderating to +5.2% in February and compared with +7.0% in January. This was due to the resumption of a normal working month, following a slump in February due to festivities while a pick-up in hoarding activities right before the implementation of the Goods and Services Tax (GST) on 1 April may also have contributed to the increase in manufacturing output. As a result, manufacturing production and electricity output accelerated in March, while mining output remained stable. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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