Malaysia April factory output up 4%, in line with forecast

KUALA LUMPUR (REUTERS) - Malaysia's industrial production in April rose 4 per cent from a year earlier, in line with market expectations, data from the Statistics Department showed on Thursday (June 11).

The index for March was revised upwards to 7.1 per cent from 6.9 previously.

A Reuters poll had forecast factory output to increase at a slower pace of 4 per cent from a year ago, after registering stronger-than-expected growth a month earlier.

The department's data earlier showed that exports for April fell 8.8 per cent from a year earlier, worse than expected, as lower gas prices affected shipments.