Malaysia's factory output in April grew by 8.2% year-on-year, the fastest pace since 2022.

Data released by the Malaysian government on Friday showed that the country's industrial production index in April rose by 8.2% year-on-year, marking the largest increase in over three years. This figure far exceeded the 4% consensus expectation of economists surveyed by the media, and also represents the highest growth rate since September 2022. In that month, the index covering manufacturing, mining, and electricity production surged by 10.8%. The Malaysian Statistics Department stated that growth in all three major industries drove the April index higher. The data showed that in April, manufacturing output increased by 8.3% year-on-year, mining output saw a significant increase of 6.8%, compared to a 6.5% decline in the previous month, and electricity production rose by 10.5% year-on-year. In March, Malaysia's industrial production index saw a year-on-year increase of 3.1%.