IPI likely to grow at 2.9 pct in 2019 - MIDF

Last update: 11/01/2019
KUALA LUMPUR, Jan 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) is expected to grow 2.9 per cent in 2019, mainly driven by the services and manufacturing sectors.

MIDF Research said the mining sector would likely see a modest recovery early this year.

Based on data from its recent Business Tendency Survey, the research house said IPI growth was forecast between three and four per cent during the first half of 2019.
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