Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia, August 2020

Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia August 2020 were published on 12 October 2020. 

Malaysia’s Industrial Production Index (IPI) continues to record positive growth of 0.3 per cent in August 2020

The Industrial Production Index (IPI) continues to record positive growth of 0.3 per cent in August 2020 as compared to the same month of the previous year. The increase in IPI in August 2020 was driven by the positive growth of 2.4 per cent in Manufacturing index. Meanwhile the Mining and Electricity index recorded a decrease of 6.7 per cent and 1.2 per cent respectively. 

The Manufacturing sector output based on year-on-year comparison grew by 2.4 per cent in August 2020 after recording an increase of 2.9 per cent in July 2020. The major sub-sectors contributing to the growth in Manufacturing sector in August 2020 were Electrical and Electronics Products (6.9%), Transport Equipment and Other Manufacturers (6.9%) and Food, Beverages and Tobacco (4.7%).

The Mining sector output dropped 6.7 per cent in August 2020 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil and Condensate index (-5.0%) and Natural Gas index (-8.0%).

The Electricity sector output decreased 1.2 per cent in August 2020 as compared to the same month of the previous year.

Malaysia’s Manufacturing sales recorded a growth of 1.7 per cent in August 2020

Malaysia’s Manufacturing sales in August 2020 stood at RM118.5 billion, grew 1.7 per cent as compared to previous year. The rise in sales value in August 2020 was driven by the increase in Transport Equipment & Other Manufactures Products (16.2%), Food, Beverages & Tobacco Products (12.8%) and Electrical & Electronics Products (7.1%). Meanwhile, on month-on-month basis, the sales value decreased 0.5 per cent.

Total employees engaged in the Manufacturing sector in August 2020 was 2,190,787 persons, a decrease of 2.5 per cent as compared to 2,247,795 persons in August 2019. Salaries & wages paid amounted to RM7,112.6 million, dropped by 3.2 per cent or RM232.1 million in August 2020 as against the same month of the preceding year.

The sales value per employee rose by 4.3 per cent to record RM54,112 as compared with the same month in 2019. Meanwhile, the average salaries & wages per employee was RM3,247 in August 2020.

The full publication of the Monthly Manufacturing Statistics, August 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 August 2020 is temporary data. This data will be updated based on the latest data obtained and will be published in the September 2020 publication. 

Released By:

DEPARTMENT OF STATISTICS MALAYSIA
12 October 2020