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Malaysia’s Industrial Production Index (IPI) recorded a positive growth of 1.4 per cent in June 2021 and surged 22.6 per cent in June 2021
The Industrial Production Index (IPI) rose 1.4 per cent in June 2021 as compared to the same month of the previous year. The growth of IPI in June 2021 was underpinned by the expansion of 10.3 per cent in Mining index. Meanwhile, the Manufacturing and Electricity indices fell 0.2 per cent and 4.8 per cent respectively.
The Manufacturing sector output based on year-on-year comparison decreased by 0.2 per cent in June 2021 after recording a growth of 29.8 per cent in May 2021. The main subsectors contributed to the Manufacturing sector in June 2021 were Petroleum, Chemical, Rubber & Plastic Products (19.0%), Electrical & Electronics Products (8.4%) and Textiles, Wearing Apparel, Leather Products & Footwear (-14.5%). The export-oriented industries driven the growth of the Manufacturing sector by 8.7 per cent while domestic-oriented industries decreased by 20.8 per cent.
The Mining sector output grew 10.3 per cent in June 2021 as compared to the same period of the previous year. The expansion was influenced by the increase in Natural Gas index (13.4%) and Crude Oil & Condensate index (6.3%). The Electricity sector output contracted 4.8 per cent in June 2021 as compared to the same month of the previous year.
The IPI for the second quarter 2021 soared 22.6 per cent as compared to the same period of the previous year. The growth was steered by the Manufacturing, Mining and Electricity indices which increased by 26.3 per cent, 15.1 per cent and 8.6 per cent respectively.
The full publication of the Industrial Production Index, June 2021 can be downloaded through eStatistik portal.
* Notes:
Data for June 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the July 2021 publication.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin
Dr_Uzir
9 August 2021
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