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Malaysia's Industrial Production Index (IPI) registered an expansion of 3.9 per cent in February 2022, driven by Manufacturing sector, grew 5.2 per cent
The Industrial Production Index (IPI) increased 3.9 per cent in February 2022 as compared to the same month of the previous year. The expansion of IPI was contributed by the increment of 5.2 per cent in Manufacturing index and 3.9 per cent in Electricity index. Meanwhile, Mining index recorded a decline of 0.4 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 5.2 per cent in February 2022 after recording a growth of 6.8 per cent in January 2022. The main subsectors contributed to the growth in Manufacturing sector in February 2022 were Electrical & Electronics Products (12.8%), Transport Equipment & Other Manufactures (8.4%) and Food, Beverages & Tobacco Products (6.6%). Simultaneously, domestic-oriented and export-oriented industries recorded a growth of 6.2 per cent and 4.7 per cent respectively.
The Mining sector output declined 0.4 per cent in February 2022 as compared to the same period of the previous year. The deterioration was affected by the decrease of 4.3 per cent in Crude Oil & Condensate index. Meanwhile, Natural Gas index grew 2.6 per cent. The Electricity sector output rose 3.9 per cent in February 2022 as compared to the same month last year.
The full publication of the Industrial Production Index, February 2022 can be downloaded through eStatistik portal.
* Notes:
Data for February 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in the March 2022 publication.
Released By:
DEPARTMENT OF STATISTICS, MALAYSIA
11 April 2022
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