Malaysia’s Industrial Production Index (IPI) grew by 1.3 per cent in December 2019
The Industrial Production Index (IPI) grew by 1.3 per cent in December 2019 as compared with the same month of the previous year. The growth in December 2019 was driven by the increase in the index of Manufacturing (3.4%) and Electricity (0.9%). Meanwhile index of Mining recorded a decline of 4.9 per cent.
On year-on-year basis, the Manufacturing sector output rose by 3.4 per cent in December 2019 after recording a growth of 2.7 per cent in November 2019. The major sub-sectors contributing to the increase in December 2019 were Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (4.6%), Petroleum, Chemical, Rubber and Plastic Products (3.6%) and Electrical and Electronics Products (3.1%).
The Mining sector output dropped 4.9 per cent in December 2019 as compared to the same period of the previous year. The decline was due to the decrease in both indices under Mining sector which were Crude Oil and Condensate index (-6.6%) and Natural Gas index (-3.4%).
The Electricity sector output increased by 0.9 per cent in December 2019 as compared to the same month of the previous year
The IPI for the year of 2019 recorded a growth of 2.4 per cent as compared to the previous year. The increase was contributed by the growth in Manufacturing and Electricity sector which were 3.6 per cent and 3.3 per cent respectively. Meanwhile, the Mining sector declined by 1.7 per cent.
The full publication of the Industrial Production Index, November 2019 can be downloaded through eStatistik portal.
Data for December 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the January 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
7 February 2020
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Faks : +603-8888 9248
Emel : yusrizal.razak[at]dosm.gov.my