Malaysia’s Industrial Production Index (IPI) grew by 1.5 per cent in February 2021
The Industrial Production Index (IPI) grew 1.5 per cent in February 2021 as compared to the same month of the previous year. The growth of IPI in February 2021 was driven by the Manufacturing index with an increase of 4.5 per cent. Meanwhile, Mining and Electricity index dropped 6.0 per cent and 5.8 per cent respectively.
The Manufacturing sector output based on year-on-year comparison rose by 4.5 per cent in February 2021 after recording a growth of 3.5 per cent in January 2021. The major sub-sectors contributing to the growth in Manufacturing sector in February 2021 were Electrical & Electronics Products (10.3%), Petroleum, Chemical, Rubber & Plastic Products (8.9%) and Transport Equipment & Other Manufactures (3.2%). The export-oriented industries driven the growth of the Manufacturing sector by 5.8 per cent while domestic-oriented industries increased by 1.8 per cent.
The Mining sector output dropped 6.0 per cent in February 2021 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil & Condensate index (-11.5%) and Natural Gas index (-1.6%).
The Electricity sector output contracted 5.8 per cent in February 2021 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, February 2021 can be downloaded through eStatistik portal.
Data for February 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the March 2021 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
9 April 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