Malaysia’s Industrial Production Index (IPI) deteriorated 5.2 per cent in July 2021, the first decline since November 2020
The Industrial Production Index (IPI) declined 5.2 per cent in July 2021 as compared to the same month of the previous year. The fall of IPI was influenced by the decrease in Manufacturing index (-6.5%) and Electricity index (-6.6%). Meanwhile, Mining index recorded an increase of 0.6 per cent.
The Manufacturing sector output based on year-on-year comparison decreased by 6.5 per cent in July 2021 after recording a downturn of 0.2 per cent in June 2021. The main subsectors contributed to the downturn in Manufacturing sector in July 2021 were Transport Equipment & Other Manufactures (-43.8%), Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (-27.6%) and Wood Products, Furniture, Paper Products & Printing (-23.7%). Domestic-oriented industries shrank 24.7 per cent while export-oriented industries grew by 1.9 per cent.
The Mining sector output augmented 0.6 per cent in July 2021 as compared to the same period of the previous year. The growth was driven by the increase of 4.1 per cent in Natural Gas index. Meanwhile, Crude Oil & Condensate index dropped by 3.6 per cent. The Electricity sector output contracted 6.6 per cent in July 2021 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, July 2021 can be downloaded through eStatistik portal.
Data for July 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the August 2021 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
10 September 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