FX.co ★ Malaysia Industrial Output Growth Accelerates to 4.8%

In December 2025, Malaysia's industrial production experienced a 4.8% year-on-year increase, up from the 4.3% growth observed in November—the latter marked the slowest expansion in nearly a year. This acceleration was primarily fueled by a more robust performance in the manufacturing sector, which surged by 6.7% compared to 4.9% in the previous month, and the electricity sector, which rose by 3.7% from 2.7%. Conversely, the mining output experienced a decline of 2.5% in December, following a 2.3% increase in November. This downturn in mining was largely attributable to a significant fall in natural gas production, which dropped by 7.9% after posting a modest 1.0% gain earlier, despite a 6.4% rise in crude oil and condensate output. Over the entirety of 2025, industrial production in Malaysia maintained relative stability, expanding by 3.6%, a slight decrease from the 3.7% growth recorded in 2024. All sectors reported positive growth, with manufacturing leading at 4.5%, followed by electricity at 0.8%, and mining at 0.6%. On a seasonally adjusted monthly basis, industrial activity saw a 0.2% increase in December, bouncing back from a downwardly revised 1.1% decline in the prior month.