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10 January 2007

Malaysia output growth returns

Malaysia's industrial output rose 7.2% year on year in November 2006, a nine-month high, rebounding from a 1.6% decline in October. Manufacturing activity, which accounts for the bulk of overall production, increased by 9.7% after contracting by 2% a month earlier, while output from the utilities sector jumped by 12.5%.

The forecast is that industrial output will expand by 4.6% in 2007 and 6.2% in 2008.

Economic Research Unit
Franklin + Andrews

eru@franklinandrews.com

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