STORY: Malaysia's industrial output up 2.1 pct in October
SHOOTING TIME: File
DATELINE: Dec. 12, 2024
LENGTH: 00:00:51
LOCATION: Kuala Lumpur
CATEGORY: ECONOMY

SHOTLIST:
1. various of the national flag of Malaysia
2. various of factories in Malaysia
3. various of offshore oilfields

STORYLINE:

Malaysia's industrial production index (IPI) rose by 2.1 percent year-on-year in October, spurred by steady output growth in the manufacturing sector, official data showed Tuesday.
   
The Department of Statistics Malaysia (DOSM) said in a statement that the IPI maintained positive growth in October, albeit at a slower rate after registering 2.3 percent growth in the preceding month.
   
The increase of the IPI in October was spearheaded by the manufacturing sector which expanded by 3.3 percent and a 2.5 percent rise in electricity output.
   
However, the production in the mining sector decreased further by 2.8 percent.
   
On a month-on-month basis, the IPI increased 1.7 percent from negative 0.7 percent in September.
   
For the first 10 months this year, the IPI improved to 3.7 percent from 0.8 percent a year ago.
   
All sectors posted increases during the period, namely the mining index (0.9 percent), manufacturing index (4.2 percent), and electricity index (6 percent).

Xinhua News Agency correspondents reporting from Kuala Lumpur.
(XHTV)