Overview

Malaysia's Industrial Production Index (IPI) grew 5.1 per cent in March 2022, steered by Manufacturing sector with a growth of 6.9 per cent

The Industrial Production Index (IPI) increased 5.1 per cent in March 2022 as compared to the same month of the previous year. The expansion of IPI was contributed by the increment in all three sectors; Manufacturing index, 6.9 per cent, Electricity index, 0.8 per cent and Mining index, 0.3 per cent. 

The Manufacturing sector output based on year-on-year comparison increased by 6.9 per cent in March 2022 after recording a growth of 5.2 per cent in February 2022. The main subsectors contributed to the growth in Manufacturing sector in March 2022 were Electrical & Electronics Products (18.6%), Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.6%) and Food, Beverages & Tobacco Products (4.1%). Simultaneously, export-oriented and domestic-oriented industries recorded a growth of 7.8 per cent and 5.1 per cent respectively.

The Mining sector output grew 0.3 per cent in March 2022 as compared to the same period of the previous year. The increase was driven by the positive growth of 5.7 per cent in Natural Gas index. Meanwhile, Crude Oil & Condensate index deteriorated 6.8 per cent. The Electricity sector output rose 0.8 per cent in March 2022 as compared to the same month of the previous year.

The IPI for the first quarter 2022 grew 4.5 per cent as compared to the same period of the previous year. The increase was attributed by the growth in Manufacturing index (6.3%) and Electricity index (3.7%). Meanwhile, Mining index contracted 1.8 per cent.

The full publication of the Industrial Production Index, March 2022 can be downloaded through eStatistik portal.

* Notes:

Data for March 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in the April 2022 publication.

Released By:

DEPARTMENT OF STATISTICS, MALAYSIA

10 May 2022

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Department of Statistics, Malaysia
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