RHB | Malaysia | Industrial Production Improved But Manufacturing Activities Fell Further In May

Economic Research	13 July 2015
Malaysia
Economic Highlights
Industrial Production Improved But Manufacturing Activities Fell Further In May Industrial production picked up slightly to a growth of 4.5% y-o-y in May, from 4.0% in April and compared with +7.1% in March. This was mainly reflected in the strong surge in mining output, but was partly offset by a slowdown in the growth of manufacturing and electricity output due to sluggish exports and softer consumer spending following the implementation of the Goods and Services Tax (GST) on 1 April. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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