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Industrial production in Malaysia fell 9.6% year-on-year in June, slower than a revised 11.3% fall in the preceding month, the Department of Statistics said Monday. Economists expected a fall of 9.2%. The decline was mainly due to a drop in mining and manufacturing output.
Manufacturing output dropped 13.1% on an annual basis, while mining output fell 3.4%. However, production of electricity increased 2.5%.
On a monthly basis, industrial output rose 0.2% in June. On the other hand, in the first six months of the year, industrial output dipped 12.7% compared with the same period last year.
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