Malaysia's IPI Rises 1.5 Pct Y-O-Y In February 2025 – DOSM
KUALA LUMPUR, April 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 1.5 per cent year-on-year in February 2025, driven by a rise in the manufacturing sector, according to the Statistics Department Malaysia (DOSM).
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase was contributed by growth in the manufacturing sector, which expanded by 4.8 per cent versus a 3.7 per cent rise in January 2025.
“However, output in the mining and electricity sectors declined by 8.9 per cent and 2.8 per cent, respectively,” he said in a statement today.
On a monthly comparison, the IPI recorded a 6.8 per cent fall versus a 0.4 per cent decrease in January 2025.
Mohd Uzir said the 8.9 per cent contraction in the mining sector in February 2025 was driven by a decline in the output of natural gas and crude oil and condensate, which recorded a decline of 10.3 per cent and 6.7 per cent, respectively.
From a monthly comparison point of view, the mining index dropped to -12.5 per cent from -0.5 per cent in January 2025.
Meanwhile, the electricity index fell by 2.8 per cent in February 2025 versus -0.2 per cent in the previous month. The electricity index remained in the negative range with a 6.6 per cent decline.
Globally, he said IPP for several other countries showed a downward trend in February 2025, including China (5.9 per cent), the United States (1.4 per cent), Japan (0.3 per cent), Singapore (-1.3 per cent) and Thailand (-3.9 per cent).
“In contrast, Taiwan (17.9 per cent), Vietnam (17.2 per cent) and South Korea (7.0 per cent) showed a significant increase in February 2025,” he added.
-- BERNAMA