Malaysia’s Industrial Production Index (IPI) continues to record positive growth of 0.3 per cent in August 2020
The Industrial Production Index (IPI) continues to record positive growth of 0.3 per cent in August 2020 as compared to the same month of the previous year. The increase in IPI in August 2020 was driven by the positive growth of 2.4 per cent in Manufacturing index. Meanwhile the Mining and Electricity index recorded a decrease of 6.7 per cent and 1.2 per cent respectively.
The Manufacturing sector output based on year-on-year comparison grew by 2.4 per cent in August 2020 after recording an increase of 2.9 per cent in July 2020. The major sub-sectors contributing to the growth in Manufacturing sector in August 2020 were Electrical and Electronics Products (6.9%), Transport Equipment and Other Manufacturers (6.9%) and Food, Beverages and Tobacco (4.7%).
The Mining sector output dropped 6.7 per cent in August 2020 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil and Condensate index (-5.0%) and Natural Gas index (-8.0%).
The Electricity sector output decreased 1.2 per cent in August 2020 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, August 2020 can be downloaded through eStatistik portal.
Data for August 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the September 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 October 2020
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