Index of Industrial Production Malaysia October 2020

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 11 December 2020 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE INDEX OF INDUSTRIAL PRODUCTION, MALAYSIA OCTOBER 2020*
2. Malaysia ’s Industrial Production Index (IPI) contracted 0.5 per cent in October 2020 The Industrial Production Index (IPI) contracted 0.5 per cent in October 2020 as compared to the same month of the previous year. The deterioration of IPI in October 2020 was due to the significant decrease of 10.6 per cent in Mining index. Meanwhile the Manufacturing and Electricity index recorded a growth of 2.4 per cent and 1.0 per cent respectively. The Manufacturing sector output based on year-on-year comparison grew by 2.4 per cent in October 2020 after recording a growth of 4.3 per cent in September 2020. The major sub-sectors contributing to the growth in Manufacturing sector in October 2020 were Electrical & Electronics Products (8.1%), Transport Equipment & Other Manufactures (3.5%) and Petroleum, Chemical, Rubber & Plastic Products (1.7%) The Mining sector output dropped 10.6 per cent in October 2020 as compared to the same period of the previous year. The deterioration was due to the decrease in Crude Oil & Condensate index (-12.6%) and Natural Gas index (-9.0%). The Electricity sector output increased 1.0 per cent in October 2020 as compared to the same month of the previous year. The full publication of the Industrial Production Index, October 2020 can be downloaded through eStatistik portal. *Notes: Data for October 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the November 2020 publication. Released By: DATO' SRI DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA DrUzir_Mahidin Dr_Uzir 11 December 2020 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