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Nikkei Markets

Malaysia's January industrial production growth lags view

Economists flag sluggish growth ahead as coronavirus mars business prospects

Workers assemble cars on an assembly line in the Proton manufacturing plant in Malaysia.    © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia's industrial production rose at a slower than expected pace in January, driven mostly by the manufacturing sector, official data released Friday showed.

The industrial production index -- a measure of output from mines, power plants and factories -- increased 0.6% in January when compared to the same month last year, the Department of Statistics said. The median estimate in a Nikkei Markets survey was for a 0.8% on-year gain.

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