June’s Industrial Production The Strongest In 11 months But Sharp Drop in Agricultural Output Point To Weaker GDP Growth in 2Q

Economic Research	12 August 2016
Malaysia
Economic Highlights
June’s Industrial Production The Strongest In 11 months But Sharp Drop in Agricultural Output Point To Weaker GDP Growth in 2Q Industrial activities responded in June with the strongest growth pace in 11 months, following sub-par growth rates since the end of 2015. Indeed, industrial production gained pace to 5.3% y-o-y in June, from +2.7% in May, and compared to +3.0% in March, mainly due to the sharp rebound in mining output and a pick-up in manufacturing activities, but partly mitigated by the slowdown in growth of electricity output during the month. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist: Aris Nazman Maslan | +603 9280 2184
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