Manufacturing sales rose 4.5 per cent in December 2020,
the highest growth since March 2020
Malaysia’s Manufacturing sales in December 2020 stood at RM124.6 billion, grew 4.5 per cent as compared to previous year. The rise in sales value in December 2020 was driven by the increase in Transport Equipment & Other Manufactures Products (20.5%), Food, Beverages & Tobacco Products (7.9%) and Electrical & Electronics Products (4.2%). Meanwhile, on month-on-month basis, the sales value increased 3.9 per cent.
Total employees engaged in the Manufacturing sector in December 2020 was 2,199,195 persons, a decrease of 2.0 per cent as compared to 2,243,788 persons in December 2019. Salaries & wages paid amounted to RM7,770.7 million, dropped by 0.8 per cent or RM59.7 million in December 2020 as against the same month of the preceding year.
The sales value per employee rose by 6.7 per cent to record RM56,644 as compared with the same month in 2019. Meanwhile, the average salaries & wages per employee was RM3,533 in December 2020.
In the fourth quarter 2020, the sales value of the Manufacturing sector grew 3.0 per cent to RM366.4 billion as compared to the same quarter of the previous year. The increase was driven by Transport Equipment & Other Manufactures Products (15.0%), Food, Beverages & Tobacco Products (9.0%) and Electrical & Electronics Products (4.3%). The number of employees and salaries & wages dropped 2.0 per cent and 1.2 per cent respectively in the fourth quarter 2020.
In summary for 2020, the sales value of the Manufacturing sector registered a decrease of 2.1 per cent to RM1,346.6 billion as compared to the same period of 2019. The number of employees engaged during the period declined by 2.0 per cent to register 2,199,195 persons while salaries & wages paid decreased by
1.1 per cent to RM87.2 billion. The sales value per employee during the reference period contracted by 0.2 per cent to record RM612,324.
The full publication of the Monthly Manufacturing Statistics, December 2020 can be downloaded through eStatistik portal.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
08 FEBRUARY 2021
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