Malaysia's Industrial Production Index (IPI) grew by 2.3 per cent in August 2013 compared with the same month a year ago, the Statistics Department said today.
The increase was contributed by all indices namely manufacturing index which rose 4.6 per cent and electricity index by 5.1 per cent, it said in a statement.
The department also revised upwards the IPI in July 2013 to a positive 7.5 per cent year-on-year.
In seasonally adjusted terms, the IPI in August fell by 4.6 per cent month-on-month due to the decline in all indices. The manufacturing index fell by 5.4 per cent while the mining and electricity indices fell by 3.6 per cent and 2.5 per cent, respectively.
On the manufacturing sector performance, it said on a yearly basis, the manufacturing output improved by 4.6 per cent in August following a rise of 5.2 per cent (revised) in the preceding month.
The major sub-sectors which registered increases were petroleum, chemical, rubber and plastic products (6.2 per cent), electrical and electronics products (4.5 per cent) and transport equipment and other manufactures (16.1 per cent).
On a seasonally adjusted month-on-month basis, manufacturing output decreased by 5.4 per cent in August 2013, the department said.
For the mining sector performance, the output fell by 4.6 per cent in August 2013 compared with the same month in 2012, due to the decreases in crude oil index (3.2 per cent) and natural gas index (7.4 per cent).
Compared with July 2013, the seasonally adjusted output for the mining sector decreased by 3.6 per cent.
Meanwhile, the electricity output increased by 5.1 per cent in August 2013 on a yearly basis but on a seasonally adjusted terms, it declined by 2.5 per cent in August 2013 compared with the previous month.
For the period from January to August 2013, the department said Malaysia's IPI expanded 2.6 per cent against the same period last year.
The expansion was contributed by the increase in all indices --
manufacturing (2.7 per cent), mining (1.6 per cent) and electricity (5.5 per cent), it added.-- Bernama