Malaysia's May industrial output rises 26 pct, slightly better than forecast

KUALA LUMPUR: Malaysia's industrial production rose 26% in May from a year earlier, above market predictions, though the pace of growth eased from a record high scaled in the prior month, government data showed on Monday.

The production index measures factory output in manufacturing, mining and electricity generation.

The expansion in May was faster than the 24.6% annual growth forecast by eight economists in a Reuters poll.

In April, the output index had risen 50.1% on-year, the highest rate in more than a decade.