March 18, 2018, 10:02 am
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Malaysia industrial output seen rising 5.9%

KUALA LUMPUR- Malaysia’s factory output growth likely remained robust in August, supported by strong exports of manufactured goods, a Reuters poll showed.

Industrial production in August is expected to rise 5.9 percent from a year earlier, the median forecast of 10 economists showed, slowing slightly from the previous month.

July’s industrial production had risen 6.1 percent year-on-year, the fastest pace in eight months, supported by gains in the manufacturing, mining and electricity sectors.

Malaysia’s exports in August beat economists’ estimates, rising 21.5 percent from a year earlier, on higher shipments of manufactured products and liquefied natural gas. – Reuters
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