Latest news with #IndustrialProduction
Malay Mail
2 days ago
- Business
- Malay Mail
Malaysia's industrial output up 2.7pc in April, powered by manufacturing, says DOSM
KUALA LUMPUR, June 11 — Malaysia's April 2025 Industrial Production Index (IPI) rose 2.7 per cent year-on-year (y-o-y), said the Statistics Department Malaysia (DOSM). The IPI comprises the manufacturing, mining and electricity sectors. In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said the rise was supported by a 5.6 per cent growth in the manufacturing sector. 'The mining and electricity sectors declined by 6.3 per cent and 1.6 per cent, respectively,' he said in a statement today. Export-oriented industries in the manufacturing sector in April 2025 grew by 6.4 per cent compared with a 4.8 in March 2025. Performance was mainly driven by the manufacturing of vegetable and animal oils and fats, which posted a growth of 22.8 per cent, and increasingly supported by the manufacturing of computers, electronics and optical products (11.1 per cent). DOSM reported that domestic-oriented industries expanded by 3.9 per cent in April 2025 versus 2.3 per cent in March 2025. 'This positive momentum was contributed by the manufacturing of food processing products (8.2 per cent); fabricated metal products excluding machinery and equipment (5.0 per cent); and basic metals (6.0 per cent),' it said. On the 6.3 per cent decline in the mining sector, Mohd Uzir said this was attributed to the fall in production for natural gas and crude petroleum and condensate by 10.0 per cent and 0.7 per cent, respectively. 'On a month-on-month basis, the mining index dropped by 13.9 per cent, compared to 17.8 per cent growth in March 2025,' he said. Meanwhile, DOSM said the 1.6 per cent decline in the electricity index was an improvement from the 2.2 per cent contraction in March 2025. Globally, DOSM said most countries' IPI showed an upward trend in April 2025, with robust y-o-y growth observed in Taiwan (22.3 per cent) and Vietnam (10.2 per cent). 'Moderate increases were also seen in China (6.1 per cent); Singapore (5.9 per cent); South Korea (4.9 per cent); Thailand (2.2 per cent); the United States (1.5 per cent); and Japan (0.7 per cent) for April 2025,' it said. — Bernama
Zawya
2 days ago
- Business
- Zawya
GASTAT: Saudi Industrial Production Index rises by 3.1% in April 2025
RIYADH — Saudi Arabia's Industrial Production Index (IPI) recorded an increase of 3.1 percent during the month of April 2025 compared to the same month in 2024. According to the results of the IPI for the month of April 2025, released on Tuesday by the General Authority for Statistics (GASTAT), the mining and quarrying sub-index rose by 0.2 percent year-on-year, while the manufacturing sub-index recorded a 7.4 percent increase. The GASTAT bulletin also reported a 0.2 percent decrease in the sub-index for electricity, gas, steam, and air conditioning supply activities, whereas the sub-index for water supply, sewage, waste management, and treatment activities increased by 8.8 percent compared to April of the previous year. Based on key economic activities, the bulletin further revealed a 4.3 percent year-on-year increase in the index for oil-related activities in April 2025, and a 0.1 percent rise in the index for non-oil activities. GASTAT issues IPI every month to measure relative changes in industrial production volumes. The index is based on data from the Industrial Production Survey, which is conducted on a sample of establishments operating in targeted industrial sectors, including mining and quarrying; manufacturing, electricity, gas, steam, and air conditioning supply; and water supply, sewage, waste management, and treatment activities. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Economy ME
3 days ago
- Business
- Economy ME
Saudi Arabia sees 3.1 percent increase in industrial production index for April 2025
Saudi Arabia recorded a 3.1 percent rise in the Industrial Production Index (IPI) for April 2025, as reported by the General Authority for Statistics ( GASTAT ) in today's release. According to the bulletin, the mining and quarrying sub-index experienced a year-on-year increase of 0.2 percent, while the manufacturing sub-index recorded a significant growth of 7.4 percent. The bulletin also noted a slight decrease of 0.2 percent in the sub-index for electricity, gas, steam, and air conditioning supply activities. In contrast, the sub-index for water supply, sewage, waste management, and treatment activities saw an impressive increase of 8.8 percent compared to April of the previous year. #GASTAT publishes Industrial Production Index for April 2025 — الهيئة العامة للإحصاء (@Stats_Saudi) June 10, 2025 Read more: Saudi Arabia's industrial production index surges by 2.1 percent in December 2024 Key economic activities Based on key economic activities, the bulletin further highlighted a 4.3 percent year-on-year increase in the index for oil-related activities in April 2025, alongside a modest rise of 0.1 percent in the index for non-oil activities. GASTAT publishes the IPI monthly to assess relative changes in industrial production volumes. This index is derived from data collected through the Industrial Production Survey, which targets a sample of establishments operating in specific industrial sectors, including mining and quarrying; manufacturing; electricity, gas, steam, and air conditioning supply; as well as water supply, sewage, waste management, and treatment activities.
Arab News
3 days ago
- Business
- Arab News
Manufacturing, mining sectors drive Saudi industrial growth to 3.1%: GASTAT
RIYADH: Saudi Arabia's Industrial Production Index expanded by 3.1 percent year on year in April, driven by strong growth in the manufacturing, mining, and quarrying industries, official data showed. According to preliminary data from the General Authority for Statistics, the Kingdom's IPI advanced to 108.6 in April, representing a 0.6 percent rise compared to the previous month. The latest IPI figures reinforce the progress of Saudi Arabia's economic diversification journey, which aims to reduce the Kingdom's decades-long dependence on crude revenues. 'Preliminary results indicated a 3.1 percent increase in the IPI in April 2025 compared to the same month of the previous year, supported by the rise in mining and quarrying activity, manufacturing activity and water supply, sewerage and waste management and remediation activities,' the analysis stated. GASTAT revealed that the sub-index of manufacturing activities advanced by 7.4 percent in April compared to the same month in 2024. The authority added that the index of oil activities saw an annual rise of 4.3 percent in the fourth month of the year, while non-oil activities edged up by 0.1 percent. Compared with March, oil activities rose by 1.6 percent, whereas non-oil activities declined by 2 percent. GASTAT added that the growth in the manufacturing sector was driven by an increase in the production of coke and refined petroleum products, which grew by 22.6 percent year on year in April. The chemical manufacturing sector also contributed to the rise, increasing 9.1 percent annually. On a monthly basis, the sub-index of manufacturing activity witnessed a rise of 0.5 percent, driven by a 5.8 percent increase in the production of coke and refined petroleum products. The expansion of the manufacturing sector highlights the evolving structural transformation of the Saudi economy, with the Kingdom positioning itself as a key player in the global industrial landscape. In April, the sub-index of mining and quarrying activities increased by 0.2 percent compared to the same month in 2024. 'Saudi Arabia increased its oil production to 9.01 million barrels per day in April 2025 compared to 8.99 million barrels per day in April 2024,' said GASTAT. On a monthly basis, the sub-index of mining and quarrying activity increased by 0.5 percent in April. According to the report, the electricity, gas, steam, and air conditioning supply sector registered an annual decrease of 0.2 percent but saw a monthly rise of 4.3 percent. GASTAT further said that water supply, sewerage, and waste management activities increased by 8.8 percent year on year in April, while it declined by 0.7 percent compared to the previous month. Compared to March, the index for oil activities increased by 1.6 percent in April, while non-oil activities dropped by 2 percent. The Industrial Production Index measures changes in industrial output based on the International Standard Industrial Classification framework, covering mining, manufacturing, utilities, and waste management sectors.
Washington Post
19-05-2025
- Business
- Washington Post
China's economy slows in April as trade war blues hit retail sales, housing and investment
China's economy showed signs of slowing in April as President Donald Trump's trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast. Industrial production slowed as Trump's painfully high tariffs of up to 145% , and 125% retaliatory duties imposed by Beijing, took effect and shipments were curtailed.
