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Malaysia's Industrial Production Index (IPI) remained positive in the final month of 2021 with a growth of 5.8 per cent
The Industrial Production Index (IPI) increased 5.8 per cent in December 2021 as compared to the same month of the previous year. The expansion of IPI was contributed by the increment of 8.4 per cent in Manufacturing index and 3.7 per cent in Electricity index. Meanwhile, Mining Index recorded a decline of 2.5 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 8.4 per cent in December 2021 after recording a growth of 11.3 per cent in November 2021. The main subsectors contributed to the growth in Manufacturing sector in December 2021 were Electrical & Electronics Products (18.2%), Food, Beverages & Tobacco Products (10.3%) and Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.3%). Simultaneously, export-oriented and domestic-oriented industries recorded a growth of 9.6 per cent and 5.7 per cent respectively.
The Mining sector output declined 2.5 per cent in December 2021 as compared to the same period of the previous year. The deterioration was affected by the decrease in Crude Oil & Condensate index (-5.5%) and Natural Gas index (-0.2%). The Electricity sector output rose 3.7 per cent in December 2021 as compared to the same month last year.
The IPI for the fourth quarter 2021 grew 6.9 per cent as compared to the same period of the previous year. The increase was attributed by the growth in Manufacturing index (9.2%) and Electricity index (4.3%). Meanwhile, Mining index contracted 0.8 per cent.
The full publication of the Industrial Production Index, December 2021 can be downloaded through eStatistik portal.
* Notes:
Data for December 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the January 2022 publication.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin Dr_Uzir
8 February 2022
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