Malaysia's Industrial Production Index (IPI) grew 4.1 per cent in May 2022, driven by the production of Electrical and Electronics products which increased 15.5 per cent
The Industrial Production Index (IPI) increased 4.1 per cent in May 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 6.9 per cent and 2.8 per cent respectively. Meanwhile, the Mining sector shrank 4.9 per cent.
The Manufacturing sector output based on year-on-year comparison increased by 6.9 per cent in May 2022 after recording a growth of 6.2 per cent in April 2022. The main subsectors contributed to the growth in Manufacturing sector in May 2022 were Electrical & Electronics (15.5%), Transport Equipment and Other Manufactures Products (12.4%) and Non-metallic Mineral Products, Basic Metal & Fabricated Metal Products (5.2%). Simultaneously, domestic-oriented and export-oriented industries recorded a growth of 8.7 per cent and 6.1 per cent respectively.
The Mining sector output declined 4.9 per cent in May 2022 as compared to the same period of the previous year. The deterioration was affected by the fall of 6.7 per cent in Crude Oil & Condensate index and downturn of 3.6 per cent in Natural Gas index. The Electricity sector output rose 2.8 per cent in May 2022 as compared to the same month of the previous year.
The full publication of the Industrial Production Index, May 2022 can be downloaded through eStatistik portal.
* Notes:
Data for May 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in June 2022 publication.
Released by:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
8 JULY 2022
Contact person:
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my
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