MNI BRIEF: China Q2 GDP Impacted By Bad Weather - NBS

MNI China Press Digest July 15: Consumption, Exports, FDI

MNI: PBOC Conducts CNY100 Bln Via 1Y MLF; Rates Unchanged

CHINA PBOC CONDUCTS CNY129 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1313 Mon; -1.35% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1313 MON VS 7.1315

Industrial Production Fell Less Than Expected

MNI: EUROZONE MAY IP -0.6% M/M, -2.9% Y/Y

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Industrial Output Grows, But Slightly Slower Than Forecast

MYR

Ringgit shows little reaction to Malaysian data releases. The rate has continued to trim its opening losses and last sits -17 pips at MYR4.1900.

  • Malaysia's industrial output rose 26.0% Y/Y in May after a 50.1% increase registered in April, slightly missing BBG consensus forecast of +28.0%. The Department of Statistics Malaysia noted that all three sub-indices (manufacturing, mining, electricity) grew.
  • Manufacturing sales rose 37.2% Y/Y in May, slowing from a 72.5% growth recorded in April. The main drivers of the increase were transport equipment & other manufacturers products, petroleum, chemical, rubber & plastic products as well as electrical & electronics products.
  • This came alongside a 28.3% Y/Y increase in wholesale and retail trade. The value of sales of wholesale trade rose 31.2% Y/Y, while the value of sales generated by retail trade grew 17.3% Y/Y.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.