PERFORMANCE IN FEBRUARY 2010
1. SALES VALUE
The sales value of the Manufacturing sector in February 2010 continued to post a year-on-year double digit growth of 17.3% (RM5.9 billion) to record RM40.3 billion as compared to RM34.4 billion reported in February 2009. Month-on-month, the sales value, however, decreased by 7.0% or RM3.0 billion as compared with the preceding month. The sales value in January 2010 was a revised positive 28.9% year-on-year to record RM43.4 billion.
The year-on-year increase in the sales value during the current month as compared with the corresponding month of the previous year was generated by the growth in the sales value of 79 industries (68.1%) out of 116 industries covered in the survey. The five major industries whose sales value increased significantly were Manufacture of Other Basic Industrial Chemicals except Fertilizers and Nitrogen Compounds (72.8%), Manufacture of Refined Petroleum Products (10.7%), Manufacture of Motor Vehicle (44.2%), Manufacture of Television and Radio Receivers, Sound or Video Recording or Reproducing Apparatus, and Associated Goods (37.1%), and Manufacture of Computer and Computer Peripherals (19.8%).
The decline in the sales value during the current month as compared with the preceding month was the result in the drop of the sales value of 69 industries (59.5%) out of 116 industries covered in the survey. The five major industries whose sales value decreased were Manufacture of Television and Radio Receivers, Sound and Video Recording or Reproducing Apparatus, and Associated Goods (28.5%), Manufacture of Refined Petroleum Products (8.6%), Manufacture of Computer and Computer Peripherals (16.2%), Manufacture of Electronic Valves and Tubes and Printed Circuit Boards (17.9%), and Manufacture of Television and Radio Transmitters and Apparatus for Line Telephony and Line Telegraph (33.2%).
2. NUMBER OF EMPLOYEES
Total employees engaged in the Manufacturing sector in February 2010 was 952,289, an increase of 2,124 persons or 0.2% compared with the preceding month. Year- on- year, the number of workers employed, however, decreased 16,327 persons or 1.7%, as compared to 968,616 persons in February 2009. Total employees in January 2010 was a revised negative 3.7% year-on-year to record 950,165 workers.
3. SALARIES & WAGES
Salaries & wages paid in February 2010 increased 0.3% or RM5.4 million month-on-month to register RM2,154.7 million. The total amount paid in February 2010 also increased as compared with the corresponding month of the previous year, i.e. 14.2% or RM267.2 million. Salaries & wages paid in January 2010 was a revised positive 12.7% year-on-year to record RM2,149.2 million.
Productivity or average sales value per employee in February 2010 decreased 7.2% month-on-month to register RM42,350. Productivity in February 2010, however, increased by 19.3% as compared with the corresponding month of the previous year. Productivity in January 2010 was a revised positive 33.9% year-on-year to record RM45,642.
PERFORMANCE IN THE PERIOD JANUARY- FEBRUARY, 2010
During January – February 2010, the sales value of the Manufacturing sector posted a double-digit growth of 23.0% or RM15.7 billion to register RM83.7 billion. The number of employees engaged, however, decreased by 1.7% or 16,327 to 952,289 persons. Cumulatively, productivity or average sales value per employee in this period increased by 25.1% to record RM87,891.
*1.The data are collected through the Monthly Manufacturing Survey. This survey covers 120 out of a total of 197 manufacturing industries, of which only 116 industries are published. Data for 20 industries are fully enumerated while for the remaining 96, only larger establishments above certain employment cut‑offs are covered. The main objective of this survey is to collect data on quantity produced of the main products of the Manufacturing sector, sales value, number of employees and salaries & wages paid.
2. The February 2010 data are provisional. The data would be updated based on the latest available figures and would be published in the March 2010 publication.
3. This report can be accessed through the website of the Department of Statistics, Malaysia (www.dosm.gov.my).