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Malaysia’s Industrial Production Index (IPI) grew by 0.6 per cent in January 2020
The Industrial Production Index (IPI) grew by 0.6 per cent in January 2020 as compared with the same month of the previous year. The growth in January 2020 was driven by the increase in the index of Manufacturing (2.1%). Meanwhile index of Mining and Electricity recorded a decline of 3.9 per cent and 0.01 per cent respectively.
On year-on-year basis, the Manufacturing sector output rose by 2.1 per cent in January 2020 after recording a growth of 3.4 per cent in December 2019. The major sub-sectors contributing to the increase in January 2020 were Non-metallic Mineral Products, Basic Metal and Fabricated Metal Products (3.9%), Petroleum, Chemical, Rubber and Plastic Products (3.6%) and Electrical and Electronics Products (3.2%).
The Mining sector output dropped 3.9 per cent in January 2020 as compared to the same period of the previous year. The decline was due to the decrease in both indices under Mining sector which were Crude Oil and Condensate index (-5.9%) and Natural Gas index (-2.3%).
The Electricity sector output edged down 0.01 per cent in January 2020 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, January 2020 can be downloaded through eStatistik portal.
*Notes:
Data for January 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the February 2020 publication.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin Dr_Uzir
13 March 2020
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