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Malaysia industrial production -2.22% y-o-y (consensus -1.0) in Jun-23

- Malaysia's industrial production in June 2023 contracted by 2.22% year-on-year, falling short of the consensus estimate of -1.0%.
- This decline marks the lowest growth rate since April 2023 and deviates significantly from both the one-year and long-run averages.

Malaysia money supply 3.64% y-o-y in Jun-23

- Malaysia's money supply recorded a year-on-year growth of 3.64% in June 2023, marking the highest increase since March 2023.
- The 3.64% growth is below both the one-year and long-run averages, suggesting a cautious approach by monetary authorities and potential constraints on money supply expansion.

Malaysia CPI inflation 2.35% y-o-y (consensus 2.4%) in Jun-23

- Malaysia's CPI inflation rate in June 2023 reached 2.35% year-on-year, marking the lowest growth since April 2022 and a decrease from the previous month's rate of 2.84%.
- The core CPI, excluding volatile items, recorded a higher inflation rate of 3.1% year-on-year in June 2023, reflecting underlying inflationary pressures.

Malaysia industrial production 5.02% y-o-y in May-23

- Malaysia's industrial production recorded a significant y-o-y growth of 5.02% in May-23, surpassing the contraction observed in the previous month.
- The growth rate of industrial production in May-23 was 0.90 percentage points below the one-year average, but 1.41 percentage points above the long-run average, pointing towards a robust recovery in the sector.