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Thursday, 10 August 2017

(NST) Manufacturing sector leads industrial output


KUALA LUMPUR: Industrial output rose by an annualised 4.0 per cent in June, led by manufacturing activities.

The Statistics Department said the manufacturing sector recorded a 4.7 per cent growth in activities, with most of the output from electrical and electronics (8.3 per cent), food, beverages and tobacco (6.7 per cent); and petroleum, chemical, rubber and plastic products (2.8 per cent).

In June, the mining sector output rose by 2.4 per cent following a 0.7 per cent increase in the index for crude oil and 4.4 per cent in the index for natural gas.

The electricity output increased by 2.1 per cent in June 2017 after an increase of 2.5 per cent in May 2017.

Meanwhile the manufacturing sector recorded a 11.5 per cent growth in sales, rising to RM62.3 billion as compared to RM55.8 billion reported a year ago.

Year-on-year, the significant increase in sales value was due to the increase in E&E (15.4 per cent) petroleum, chemical, rubber and plastic products (15.3 per cent) and non-metallic mineral products, basic metal and fabricated metal products (5.7 per cent).