INSIGHT

Malaysia's Industrial Production Index

Author: Admin Publish Date: 30-08-2019
Updated On:  18-11-2019



Industrial production index (IPI) is a monthly economic indicator measuring real output (Industry production and capacity level) in the manufacturing, mining, electric and gas industries, relative to a base year. In this chart, we had illustrated the IPI of a few industries.
 
In this chart, we can see that the semiconductor industry is highly cyclical with October are usually their production peak and February always the lowest production month. This can relate to the iPhone cycle where demand is usually the highest during year-end. As a contrast, the production level for furniture and gloves are non-cyclical with consistent and continuous growth.


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