Malaysia's Industrial Production Index (IPI) surged 26.0 per cent in May 2021
The Industrial Production Index (IPI) surged 26.0 per cent in May 2021 as compared to the same month of the previous year. The growth of IPI in May 2021 was underpinned by the expansion in all indices; Manufacturing index (29.8%), Mining index (20.7%) and Electricity index (7.9%).
The Manufacturing sector output based on year-on-year comparison rose by 29.8 per cent in May 2021 after recording a growth of 68.0 per cent in April 2021. The major sub-sectors contributing to the growth in Manufacturing sector in May 2021 were Petroleum, Chemical, Rubber & Plastic Products (34.8%), Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (49.4%) and Transport Equipment & Other Manufactures (68.9%). The export-oriented industries driven the growth of the Manufacturing sector by 25.3 per cent while domestic-oriented industries increased by 41.1 per cent.
The Mining sector output grew 20.7 per cent in May 2021 as compared to the same period of the previous year. The expansion was attributed by the increase in Natural Gas index (30.9%) and Crude Oil & Condensate index (8.6%). The Electricity sector output expanded 7.9 per cent in May 2021 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, May 2021 can be downloaded through eStatistik portal.
Data for May 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the June 2021 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 July 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