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Malaysia’s June industrial production up 6.5%, below forecast
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The Business Times
June’s factory output had been expected to expand 7 per cent, according to 11 economists surveyedWorkers collect rubber gloves at Top Glove's factory in Klang, outside Kuala Lumpur, Malaysia.
PHOTO: REUTERS[KUALA LUMPUR] Malaysia’s industrial production index in June rose 6.5 per cent from a year earlier, below expectations, government data showed on Tuesday (Aug 11).
June’s factory output had been forecast to expand 7 per cent, according to 11 economists surveyed in a Reuters poll.
May’s reading was revised slightly upwards to 8.5 per cent from an originally reported 8.4 per cent, the data showed.