Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia, October 2019

Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia October 2019 were published on 12 December 2019. 

Malaysia’s Industrial Production Index (IPI) grew by 0.3 per cent in October 2019

The Industrial Production Index (IPI) grew by 0.3 per cent in October 2019 as compared with the same month of the previous year. The growth in October 2019 was driven by the increase in the index of Manufacturing (2.2%) and Electricity (0.5%). Meanwhile index of Mining recorded a decline of 5.8 per cent.

On year-on-year basis, the Manufacturing sector output rose by 2.2 per cent in October 2019 after recording a growth of 2.5 per cent in September 2019. The major sub-sectors contributing to the increase in October 2019 were Transport Equipment and Other Manufactures (4.3%), Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (3.1%) and Electrical and Electronics Products (2.4%).

The Mining sector output dropped 5.8 per cent in October 2019 as compared to the same period of the previous year. The decline was due to the decrease in both indices under Mining sector which are Crude Oil and Condensate index  (-5.1%) and Natural Gas index (-6.3%).

The Electricity sector output increased by 0.5 per cent in October 2019 as compared to the same month of the previous year.

Malaysia’s Manufacturing sales grew by 2.2 per cent to RM74.6 billion in October 2019

Malaysia’s Manufacturing sales grew by 2.2 per cent in October 2019 to register at RM74.6 billion as compared to RM73.1 billion reported a year ago. The year-on-year growth was driven by the increase in Transport Equipment & Other Manufactures Products (6.8%), Non-Metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.5%) and Electrical & Electronics Products (2.1%).

Total employees engaged in the Manufacturing sector in October 2019 was 1,086,908 persons, an increase of 1.0 per cent or 10,531 persons as compared to 1,076,377 persons in October 2018. Salaries & wages paid amounted to RM3,997.9 million, went up 2.5 per cent or RM96.3 million in October 2019 as against the same month of the preceding year.

The sales value per employee grew by 1.2 per cent to record RM68,680 as compared with the same month in 2018. Meanwhile, the average salaries & wages per employee was RM3,678 in October 2019.

The full publication of the Monthly Manufacturing Statistics, October 2020 can be downloaded through eStatistik portal.

* Note :

1. This report can be obtained from the website of the Department of Statistics Malaysia (https://www.dosm.gov.my)
   under the column: Latest Releases.
2. Data for the month of October 2019 is temporary data. This data will be updated based on the latest data obtained and will be published in the November 2019 publication. 

Released By:

DEPARTMENT OF STATISTICS MALAYSIA

12 December 2019