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Monthly Manufacturing Statistics Malaysia January 2020

IM Insights
By IM Insights
4 years ago
Monthly Manufacturing Statistics Malaysia January 2020

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  1. EMBARGO : Only to be published or disseminated at 1200 hours, Friday, 13 March 2020 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MONTHLY MANUFACTURING STATISTICS, MALAYSIA JANUARY 2020*
  2. HIGHLIGHTS Malaysia ’s Manufacturing sales grew by 2.6 per cent to RM118.2 billion in January 2020 Malaysia’s Manufacturing sales grew by2.6 per cent in January 2020 to register atRM118.2 billion as compared to RM115.2 billion reported a year ago. The year-on-year growth was driven by the increase in Petroleum, Chemical, Rubber and Plastic Products (6.9%), Non-Metallic Mineral Products, Basic Metal & Fabricated Metal Products (4.7%) and Electrical & Electronics Products (4.3%). Total employees engaged in the Manufacturing sector in January 2020 was2,280,951 persons, an increase of1.4 per cent or 32,559 persons as compared to 2,248,392 persons in January 2019. Salaries & wages paid amounted toRM7,663.6 million, went up4.1 per cent orRM301.3 million in January 2020 as against the same month of the preceding year. The sales value per employee grew by1.2 per cent to recordRM51,831 as compared with the same month in 2019. Meanwhile, the average salaries & wages per employee wasRM3,360 in January 2020. The full publication of the Monthly Manufacturing Statistics, January 2020 can be downloaded througheStatistik portal. *Notes: 1. Data for January 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the February 2020 publication. 2. After conducting the Economic Census 2016 (reference year 2015), Department of Statistics Malaysia (DOSM) has reviewed and carried out the benchmarking process towards the manufacturing statistics collected from the Monthly Manufacturing Survey. The benchmarking process is done to enable the series of values of annual estimates derived from short term survey consistent and match with the annual value from census/annual survey of the benchmark year. The benchmarking statistics is compiled on sales value, number of employees and salaries & wages and being published starting from January 2020. The benchmark process adapted the guideline of the Quarterly National Accounts Manual 2017 edition, International Monetary Fund to meet the objectives as follows: a. to estimate monthly data that are temporally consistent with the annual data: that is, to ensure that the sum of the monthly data is equal to the annual benchmark; b. to preserve as much as possible the monthly movements in the indicator under the restrictions provided by the annual data; and c. to ensure, for forward series, that the sum of the monthly of the current year is as close as possible to the unknown future annual data. Detailed information on benchmarking and expansion of coverage can be obtained from the Monthly Manufacturing Statistics publication. Released By: DATO' SRI DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS MALAYSIA DrUzir_Mahidin dr_uzir 13 MARCH 2020
  3. 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 Email : yusrizal.razak[at]dosm.gov.my