Malaysia's March industrial output rises 5.1 pct on higher manufacturing growth

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Malaysia's March industrial output rises 5.1 pct on higher manufacturing growth

STORY: Malaysia's March industrial output rises 5.1 pct on higher manufacturing growth DATELINE: May 12, 2022 LENGTH: 00:01:42 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of bridge cranes transporting containers at Northport of Port Klang, Selangor 2. various of the container yard at Port Klang, Selangor STORYLINE: Malaysia's Industrial Production Index (IPI) in March rose 5.1 percent from a year ago supported by the manufacturing sector, which grew 6.9 percent, official data showed Tuesday. The expansion of IPI was contributed by the increment in manufacturing index at 6.9 percent, electricity index at 0.8 percent, and mining index at 0.3 percent, the Department of Statistics Malaysia said in a statement. On a month-on-month basis, the IPI increased by 8.6 percent supported by expansion in all components of indices. For the first quarter, the IPI climbed 4.5 percent from the same period last year underpinned by the growth in the manufacturing index at 6.3 percent, and the electricity

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