Malaysia’s Industrial Production Index (IPI) shrank marginally 0.7 per cent in August 2021
The Industrial Production Index (IPI) decreased marginally 0.7 per cent in August 2021 as compared to the same month of the previous year. The fall of IPI was influenced by the decline in Mining index (-4.2%) and Electricity index (-4.8%). Meanwhile, Manufacturing index recorded an expansion of 0.6 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 0.6 per cent in August 2021 after recording a downturn of 6.5 per cent in July 2021. The main subsectors contributed to the growth in Manufacturing sector in August 2021 were Petroleum, Chemical, Rubber & Plastic Products (15.2%) and Electrical & Electronics Products (8.6%). Export-oriented industries grew 7.6 per cent while domestic-oriented industries shrank by 13.8 per cent.
The Mining sector output shrank 4.2 per cent in August 2021 as compared to the same period of the previous year. The growth was contributed by the fall of 11.0 per cent in Crude Oil & Condensate index. Meanwhile, Natural Gas index augmented by 1.6 per cent. The Electricity sector output contracted
4.8 per cent in August 2021 as compared to the same month last year.
The full publication of the Industrial Production Index, August 2021 can be downloaded through eStatistik portal.
Data for August 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the September 2021 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 October 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