Index Of Industrial Production and Monthly Manufacturing Statistics Malaysia, December 2021
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Malaysia's Industrial Production Index (IPI) remained positive in
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The Industrial Production Index (IPI) increased 5.8 per cent in December 2021 as compared to the same month of the previous year. The expansion of IPI was contributed by the increment of 8.4 per cent in Manufacturing index and 3.7 per cent in Electricity index. Meanwhile, Mining Index recorded a decline of 2.5 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 8.4 per cent in December 2021 after recording a growth of 11.3 per cent in November 2021. The main subsectors contributed to the growth in Manufacturing sector in December 2021 were Electrical & Electronics Products (18.2%), Food, Beverages & Tobacco Products (10.3%) and Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.3%). Simultaneously, export-oriented and domestic-oriented industries recorded a growth of 9.6 per cent and 5.7 per cent respectively.
The Mining sector output declined 2.5 per cent in December 2021 as compared to the same period of the previous year. The deterioration was affected by the decrease in Crude Oil & Condensate index (-5.5%) and Natural Gas index (-0.2%). The Electricity sector output rose 3.7 per cent in December 2021 as compared to the same month last year.
The IPI for the fourth quarter 2021 grew 6.9 per cent as compared to the same period of the previous year. The increase was attributed by the growth in Manufacturing index (9.2%) and Electricity index (4.3%). Meanwhile, Mining index contracted 0.8 per cent.
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Malaysia’s Manufacturing sales in December 2021 stood at RM143.9 billion, grew 15.5 per cent as compared to the same month of the previous year. The rise in sales value was driven by the Petroleum, Chemical, Rubber & Plastic Products (19.9%), Food, Beverages & Tobacco Products (19.0%) and Electrical & Electronics Products (18.4%). Meanwhile, on month-on-month basis, the sales value increased 1.1 per cent.
Total employees engaged in the Manufacturing sector in December 2021 was 2,259,619 persons, an increase of 2.7 per cent as compared to 2,199,195 persons in December 2020. Salaries & wages paid amounted to RM8,121.5 million, increased by 4.9 per cent or RM377.8 million in December 2021 as against the same month of the preceding year.
The sales value per employee increased by 12.4 per cent to record RM63,688 as compared with the same month in 2020. Meanwhile, the average salaries & wages per employee was RM3,594 in December 2021.
In the fourth quarter 2021, the sales value of the Manufacturing sector grew 16.5 per cent to RM427.0 billion as compared to the same quarter of the previous year. The increase was driven by Petroleum, Chemical, Rubber & Plastics Products (25.2%), Electrical & Electronics Products (17.7%) and Food, Beverages & Tobacco Products (17.0%). The number of employees and salaries & wages rose 2.7 per cent and 4.7 per cent respectively in the fourth quarter 2021.
The full publication of the Monthly Manufacturing Statistics, December 2021 can be downloaded through eStatistik portal.
- This report can be obtained from the website of the Department of Statistics Malaysia (https://www.dosm.gov.my)
under the column: Latest Releases. - Data for the month of December 2021 is temporary data. This data will be updated based on the latest data obtained and will be published in the January 2022 publication.
Released By:
DEPARTMENT OF STATISTICS MALAYSIA
08 February 2022
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