Malaysia's May factory output growth seen slowing to 2% year-on-year

[KUALA LUMPUR] Malaysia's industrial production in May is expected to have grown 2.0 per cent from a year earlier, a Reuters poll showed, slowing from the previous month.

Factory output growth in April had expanded 3.0 per cent year-on-year, due to growth in the electricity and manufacturing sectors.

Malaysia's exports in May had fallen 0.9 per cent from a year earlier, well below market expectations, as global oil prices remained weak.

REUTERS