IPI up 5% in November 2017

KUALA LUMPUR: The Industrial Production Index (IPI) grew 5% in November 2017 as compared with the same month of the previous year, supported by the growth in all indices: manufacturing (6.7%), mining (0.2%) and electricity (3.9%).
Year-on-year basis, the output of the manufacturing sector in November increased strongly
by 6.7% after registering an increase of 4.2% in October 2017. The major subsectors that recorded an expansion in November 2017 were petroleum, chemical, rubber and plastic products (7.5%), electrical and electronic products (6.9%) as well as food, beverages and tobacco products (8.2%).
The mining sector output grew 0.2% in November 2017, compared with 0.8% in October 2017.
This was mainly due to the increase of crude oil index (0.3%). Meanwhile natural gas index
declined 0.01%.
The electricity sector output expanded 3.9% in November 2017 on a yearly basis.