Malaysia’s Industrial Production Index (IPI) soared 12.5 per cent in July 2022, driven by Manufacturing sector
The Industrial Production Index (IPI) increased 12.5 per cent in July 2022 as compared to the same month of the previous year. The expansion of IPI was driven by the Manufacturing, Electricity and Mining sectors, with the increment of 14.9 per cent, 13.2 per cent and 3.2 per cent respectively.
On year-on-year basis, the Manufacturing sector output increased by 14.9 per cent in July 2022 after recording a growth of 14.4 per cent in June 2022. The main subsectors contributed to the growth in Manufacturing sector in July 2022 were Transport Equipment & Other Manufactures Products (73.6%), Electrical & Electronics Products (17.3%) and Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (23.9%). Simultaneously, domestic-oriented and export-oriented industries recorded a growth of 30.9 per cent and 9.5 per cent respectively.
The Mining sector output rose 3.2 per cent in July 2022 as compared to the same period of the previous year. The growth was spearheaded by the increment of 12.6 per cent in Natural Gas index. Meanwhile, Crude Oil & Condensate index declined 8.6 per cent.
The full publication of the Industrial Production Index, July 2022 can be downloaded through eStatistik portal.
Data for July 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in August 2022 publication.
DEPARTMENT OF STATISTICS, MALAYSIA
9 September 2022
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : baharudin[at]dosm.gov.my