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December IPI up 8.9% y-o-y |
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Business & Market 2010
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Written by The Edge Financial Daily
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Wednesday, 10 February 2010 11:58 |
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KUALA LUMPUR: The Industrial Production Index (IPI) in December 2009 rose 8.9% from a year ago, as manufacturing picked up and electricity usage rose.
The Statistics Department said today that month-on-month, the IPI increased 4.6%. It added the IPI for November 2009 was revised to negative 0.8%y-o-y.
The IPI for 4Q2009 increased 2.9% from a year ago. The index 2009 declined 7.6% when compared with 2008.
Manufacturing output in December 2009 increased 12.9% from a year ago. Output for November 2009 increased by 1.6% (revised) from a year ago. As compared with the preceding month, the output for December 2009 increased 3.3%.
When compared with 4Q2008, manufacturing output for 4Q2009 increased 5.1%. The annual manufacturing output for the whole of 2009 fell 9.8% from 2008.
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Last Updated on Wednesday, 10 February 2010 17:14
