Malaysia’s Industrial Production Index (IPI) soared 50.1 per cent in April 2021, driven by strong performance of Manufacturing sector which grew 68.0 per cent
The Industrial Production Index (IPI) increased sharply 50.1 per cent in April 2021 as compared to the same month of the previous year. The growth of IPI in April 2021 was driven by the increment in all indices; Manufacturing index (68.0%), Electricity index (22.9%) and Mining index (14.3%).
The Manufacturing sector output based on year-on-year comparison rose by 68.0 per cent in April 2021 after recording a growth of 12.7 per cent in March 2021. The major sub-sectors contributing to the growth in Manufacturing sector in April 2021 were Transport Equipment & Other Manufactures (275.2%), Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (141.0%) and Electrical & Electronics Products (70.1%). The export-oriented industries driven the growth of the Manufacturing sector by 52.8 per cent while domestic-oriented industries increased by 110.9 per cent. The growth of the Manufacturing sector was also driven by the high capacity utilisation rate especially in Electrical & Electronic Products and Petroleum, Chemical, Rubber & Plastic Products sub-sectors.
The Mining sector output grew positively in April 2021 for the first time since February 2020 with 14.3 per cent as compared to the same period of the previous year. The expansion was due to the increase in Natural Gas index (23.9%) and Crude Oil & Condensate index (2.7%).
The Electricity sector output expanded 22.9 per cent in April 2021 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, April 2021 can be downloaded through eStatistik portal.
Data for April 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the May 2021 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
11 June 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