PETALING JAYA: As the output of export-and domestic-oriented industries in Malaysia shrunk in February on a month-on-month( m-o-m) basis, this calls into question the outlook of the manufacturing sector in the coming months. The Statistics Department, which released the Industrial Production Index( IPI) for February yesterday, reported that domestic-oriented industries contracted by 7.5% compared to the preceding month.In January 2024, the output of the domestic-oriented industries grew by 4.9%
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2024-04-09 00:00:00.0