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Malaysia Nov factory output may slow on weaker commodities demand: Reuters poll

Thursday, January 8, 2015 - 13:59
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Malaysia's industrial output in November probably slowed for a third straight month to 4.0 per cent from a year earlier, a Reuters poll showed, as demand for commodities fell.

[KUALA LUMPUR] Malaysia's industrial output in November probably slowed for a third straight month to 4.0 per cent from a year earlier, a Reuters poll showed, as demand for commodities fell.

The drop in commodities, however, would likely be cushioned by a stronger electronics sector, analysts said.

Output in October was up 5.0 per cent from a year earlier.

Malaysia, a net oil exporter, saw its currency take a beating with the ringgit coming in as the worst emerging Asian currency in 2014. Falling crude oil prices affected exports of oil-related products in November, with a drop in exports of palm oil, liquefied natural gas and refined petroleum products.

REUTERS