KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) soared 50.1% in April 2021 from a year ago, driven by strong performance of manufacturing sector which jumped by 68%.
The surge in the IPI exceeded a Bloomberg survey of a 48.6% jump in the IPI, based on the Statistics Department data released on Friday.
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the jump in the April IPI was driven by the stronger performance in manufacturing, electricity and mining.
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