Malaysia’s Industrial Production Index (IPI) Year-on-Year increased by 3.0% in February 2018
The Industrial Production Index (IPI) expanded by 3.0 per cent in February 2018 as compared with the same month of the previous year. The expansion in February 2018 was supported by the positive growth in the Manufacturing index (4.7%) and the Electricity index (2.8%). Meanwhile, the Mining index recorded a decline of 1.6 per cent. IPI in January 2018 was revised to 5.4 per-cent year-on-year.
On a yearly basis, manufacturing sector output grew by 4.7 per cent in February 2018 after registering a growth of 6.9 per cent in January. The main sub-sectors which recorded increases in February 2018 were: Petroleum, Chemicals, Rubber and Plastics Products (7.0%); Electrical and Electronic Equipment Products (5.4%); and Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (5.0%).
The Mining sector output decreased by 1.6 per cent in February 2018 (January 2018: 1.5%). The decline was due to the decrease in the Natural Gas index (-3.5%). Meanwhile, the Crude Oil index rose by 0.5 per cent.
The Electricity output recorded an increase of 2.8 per cent in February 2018 on yearly basis.
Commencing with this release, the IPI series from reference month January 2015 onwards are using base year 2015. Previously published IPI will be revised in line with the base year 2015. For further details, please refer to the technical note attached.
Data for February 2018
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
11 April 2018
Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my