Malaysia’s Industrial Production Index (IPI) returned to positive growth of 1.2 per cent in July 2020
The Industrial Production Index (IPI) returned to positive growth of 1.2 per cent in July 2020 since February 2020 as compared to the same month of the previous year. The increase of IPI in July 2020 was due to the increment of 2.9 per cent in Manufacturing index. Meanwhile, the index of Mining and Electricity recorded a deterioration of 3.0 per cent and 5.1 per cent respectively.
The Manufacturing sector output based on year-on-year comparison increased by 2.9 per cent in July 2020 after recording an increase of 4.7 per cent in June 2020. The major sub-sectors contributing to the growth in Manufacturing sector in July 2020 were Electrical and Electronics Products (9.6%), Transport Equipment and Other Manufacturers (9.0%) and Petroleum, Chemical, Rubber and Plastic Products (1.5%).
The Mining sector output dropped 3.0 per cent in July 2020 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil and Condensate index (-1.2%) and Natural Gas index (-4.4%).
The Electricity sector output decreased 5.1 per cent in July 2020 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, July 2020 can be downloaded through eStatistik portal.
Data for July 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the August 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
11 September 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