November 11, 2019 / 4:01 AM / a month ago

REFILE-Malaysia's Sept factory output up 1.7% y/y, below forecast

(Corrects to remove extraneous word from headline)

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=MYIP%3DECI poll data

KUALA LUMPUR, Nov 11 (Reuters) - Malaysia’s industrial production rose 1.7% in September from a year earlier, slower than the previous month, supported by continued growth in the electricity sector, government data showed on Monday.

Annual factory output in September came below the 1.9% expansion forecast in a Reuters poll. August’s factory output rose 1.9% annually, accelerating from July’s pace of 1.2%, the slowest in 5 years.

The sectoral index for electricity generation grew 3.3% on-year, data from the Statistics Department showed.

However, manufacturing and mining output declined 1.3% and 1.4%, the data showed.

Malaysia’s exports fell 6.8% year-on-year in September, the biggest decline in 3 years, on subdued demand from major trade partners. (Reporting by Joseph Sipalan)

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