Malaysia’s Manufacturing sales decreased by 3.0 per cent
to RM110.2 billion in March 2020
Malaysia’s Manufacturing sales posted a downturn of 3.0 per cent in March 2020 to register at RM110.2 billion as compared to RM113.5 billion reported a year ago. The year-on-year decline in sales value in March 2020 was due to the decrease in Transport Equipment & Other Manufactures Products (-7.4%), Food, Beverages & Tobacco Products (-5.9%) and Electrical & Electronics Products (-5.7%).
Total employees engaged in the Manufacturing sector in March 2020 was 2,257,273 persons, an increase of 1.2 per cent or 27,541 persons as compared to 2,229,732 persons in March 2019. Salaries & wages paid amounted to RM7,456.0 million, grew 1.8 per cent or RM130.5 million in March 2020 as against the same month of the preceding year.
The sales value per employee declined by 4.1 per cent to record RM48,815 as compared with the same month in 2019. Meanwhile, the average salaries & wages per employee was RM3,303 in March 2020.
The performance in first quarter 2020, the sales value of the Manufacturing sector registered a growth of 2.2 per cent to RM339.4 billion as compared to the same period of 2019. The number of employees engaged during the period grew by 1.2 per cent to register 2,257,273 persons while salaries & wages paid posted an increase of 3.4 per cent to RM22.7 billion. The sales value per employee during the reference period rose by 1.0 per cent to record RM150,368.
The full publication of the Monthly Manufacturing Statistics, March 2020 can be downloaded through eStatistik portal.
1. Data for March 2020
2. After conducting the Economic Census 2016 (reference year 2015), Department of Statistics Malaysia (DOSM) has reviewed and carried out the benchmarking process towards the manufacturing statistics collected from the Monthly Manufacturing Survey. The benchmarking process is done to enable the series of values of annual estimates derived from short term survey consistent and match with the annual value from census/annual survey of the benchmark year. The benchmarking statistics is compiled on sales value, number of employees and salaries & wages and being published starting from January 2020.
The benchmark process adapted the guideline of the Quarterly National Accounts Manual 2017 edition, International Monetary Fund to meet the objectives as follows:
Detailed information on benchmarking and expansion of coverage can be obtained from the Monthly Manufacturing Statistics publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 MAY 2020
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my