Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia, January 2021

Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia January 2021 were published on 12 March 2021. 

Malaysia’s Industrial Production Index (IPI) grew 1.2 per cent in January 2021

The Industrial Production Index (IPI) grew 1.2 per cent in January 2021 as compared to the same month of the previous year. The growth of IPI in January 2021 was driven by the Manufacturing index with an increase of 3.5 per cent. Meanwhile, Mining and Electricity index dropped 4.5 per cent and 4.6 per cent respectively.

The Manufacturing sector output based on year-on-year comparison rose by 3.5 per cent in January 2021 after recording a growth of 4.1 per cent in December 2020. The major sub-sectors contributing to the growth in Manufacturing sector in January 2021 were Electrical & Electronics Products (7.9%), Petroleum, Chemical, Rubber & Plastic Products (4.5%) and Wood Products, Furniture, Paper Products & Printing (2.4%).

The Mining sector output dropped 4.5 per cent in January 2021 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil & Condensate index (-9.4%) and Natural Gas index (-0.5%).

The Electricity sector output contracted 4.6 per cent in January 2021 as compared to the same month of the previous year.

Manufacturing sales continued to grow at 4.1 per cent in January 2021

Malaysia’s Manufacturing sales in January 2021 stood at RM122.9 billion, grew 4.1 per cent as compared to previous year. The rise in sales value in January 2021 was driven by the increase in Food, Beverages & Tobacco Products (7.7%), Electrical & Electronics Products (6.4%) and Transport Equipment & Other Manufactures Products (5.5%). Meanwhile, on month-on-month basis, the sales value decreased 1.4 per cent.

Total employees engaged in the Manufacturing sector in January 2021 was 2,225,697 persons, a decrease of 2.4 per cent as compared to 2,280,951 persons in January 2020. Salaries & wages paid amounted to RM7,558.0 million, dropped by 1.4 per cent or RM105.6 million in January 2021 as against the same month of the preceding year.

The sales value per employee rose by 6.7 per cent to record RM55,213 as compared with the same month in 2020. Meanwhile, the average salaries & wages per employee was RM3,396 in January 2021.

The full publication of the Monthly Manufacturing Statistics, January 2021 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 January 2021 is temporary data. This data will be updated based on the latest data obtained and will be published in the February 2021 publication. 

Released By:

DEPARTMENT OF STATISTICS MALAYSIA
12 March 2021