Malaysia’s Industrial Production Index (IPI) slumped 32.0 per cent in April 2020
The Industrial Production Index (IPI) dropped 32.0 per cent in April 2020 as compared with the same month of the previous year due to the effect of Movement Control Order execution to prevent COVID-19 outbreaks. Deterioration of IPI in April 2020 was due to the significant declined in all indices; index of Manufacturing (-37.2%), index of Mining (-19.6%) and index of Electricity (-19.2%).
The Manufacturing sector output in April 2020 contracted 37.2 per cent on year-on-year basis after recording 4.1 per cent decline in March 2020. The main sub-sectors contributing to the decrease in Manufacturing sector in April 2020 were Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (-62.7%), Electrical and Electronics Products (-34.1%) and Petroleum, Chemical, Rubber and Plastic Products (-21.4%).
The Mining sector output dropped 19.6 per cent in April 2020 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil and Condensate index (-20.2%) and Natural Gas index (-19.0%).
The Electricity sector output decreased 19.2 per cent in April 2020 as compared to the same month of the previous year.
Malaysia's Industrial Production Index is expected to improve in the coming months, as the government allowed more industries to resume operations in May 2020.
The full publication of the Industrial Production Index, April 2020 can be downloaded through eStatistik portal.
Data for April 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the May 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
11 June 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