KUALA LUMPUR: Malaysia’s industrial production in October grew 3.4 percent from a year earlier, slowing in pace for the second month in a row.
Factory output was below the 3.8 percent annual rise forecast in a Reuters poll, and down from the 4.7 percent growth in September. Industrial output reached a two-and-a-half year-high of 6.8 percent in August.
The electricity generation sector rose 4.6 percent year-on-year in October, but mining output growth slowed to 0.8 percent, the data showed.
Malaysia’s October exports rose 18.9 percent from a year earlier, snapping a two-month streak of slowing annual growth on the back of higher demand for manufactured and mining goods.