Malaysia's industrial production growth shocks analyst at 7.5%
Improvement in the last 3 months held up.
According to OCBC, November IPI growth came in at 7.5% yoy, higher than our forecast for a 5.2% yoy showing and sustained the improvement seen in the past 3 months.
"Note that the opposition PR coalition has scheduled to organize a public rally in Stadium Merdeka this Saturday, together with several civil society movements, with fair election process among one of the key issues being brought up," OCBC noted.