Malaysia'S Textile And Garment Production Increased By 12.2% In December 2010

2011/2/12 9:19:00 84

according to

Malaysia

Statistics released by the Statistics Bureau showed that the index of industrial production in December (2010) increased by 4.2% over the same period last year (the manufacturing index grew 7.8%, the power index grew 2.4%, and the mining index fell 3.4%), which is inferior to the 4.8% expected market.

The growth of manufacturing capacity is due to the growth of non-metallic mineral products, basic metals and metal casting products. 26.3%

petroleum

The growth of chemical, rubber and plastic products 15.7% and the growth of textiles, garments, leather and footwear 12.2%.

Compared with the revised (11) month, the industrial production index increased by 2.1% last December, of which the mining index grew by 2.6%, the manufacturing index grew by 2%, and the power index grew by 1.4%.

Malaysia economists pointed out that Malaysia's industrial production index increased by only 4.2% in December last year, mainly due to the slow recovery of the mining index, indicating that Malaysia oilfield is facing exhaustion.

As external demand slows down and

myr

Large appreciation, the impact of the export demand of Malaysia manufactured goods, domestic demand will play a heavy role, as the economic pformation plan will promote the overall domestic capacity and marketing costs, and private investment is expected to increase, will stimulate the demand for capital.

Malaysia's industrial production index is expected to maintain 7~8% growth rate this year.

At present, 70% of Malaysia's finished products are exported, and the index of industrial production will play a supporting role in the country's economy.

Cumulative Malaysia's industrial production index increased 7.5% from 1 to December last year, of which the manufacturing index grew by 11%, the power index grew 8.8%, and the mining index fell 0.5%.