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Malaysia's Industrial Production Index (IPI) increased 4.6 per cent in April 2022, steered by Manufacturing and Electricity sector
The Industrial Production Index (IPI) increased 4.6 per cent in April 2022 as compared to the same month of the previous year. The expansion of IPI was contributed by the Manufacturing and Electricity sectors, which recorded increases of 6.2 per cent and 1.5 per cent respectively. Meanwhile, the Mining sector shrank 0.1 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 6.2 per cent in April 2022 after recording a growth of 6.9 per cent in March 2022. The main subsectors contributed to the growth in Manufacturing sector in April 2022 were Electrical & Electronics Products (14.2%), Wood Products, Furniture, Paper Products & Printing (10.1%) and Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.1%). Simultaneously, domestic-oriented and export-oriented industries recorded a growth of 6.9 per cent and 5.8 per cent respectively.
The Mining sector output declined 0.1 per cent in April 2022 as compared to the same period of the previous year. The deterioration was affected by the fall of 0.8 per cent in Crude Oil & Condensate index. Meanwhile, Natural Gas index grew 0.3 per cent. The Electricity sector output rose 1.5 per cent in April 2022 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, April 2022 can be downloaded through eStatistik portal.
* Notes:
Data for April 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in May 2022 publication.
Released by:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
10 JUNE 2022
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