January Malaysia manufacturing sales up 11% year-on-year
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Manufacturing sales in Malaysia soared 10.8% to RM67.8 billion in January this year compared with RM61.2 billion in the same month of 2017.
The Department of Statistics said in a statement today the significant increase in sales value was due to increases in electrical and electronic products (14.3%); petroleum, chemical, rubber and plastic products (10.9%); and non-metallic mineral products, basic metal and fabricated metal products (8.1%).
These three sub-sectors contributed 80.2% to the sales value of the manufacturing sector in the first month of the year.
The total number of employees engaged in the manufacturing sector in January 2018 was 1.07 million persons, a 2.5% increase or 26,203 persons from the 1.04 million persons in January 2017.
Salaries and wages paid rose 13.3% or RM439.7 million to RM3.74 billion, translating into an average salaries and wages per employee of RM3,494 in January 2018.
Sales value per employee was up by 8% to RM63,292 compared with the same month in the previous year.
Questions & Answers
Q.Which specific manufacturing sub-sectors were the main contributors to the increase in sales value?
Which specific manufacturing sub-sectors were the main contributors to the increase in sales value?
The primary contributors were electrical and electronic products; petroleum, chemical, rubber and plastic products; and non-metallic mineral products, basic metal and fabricated metal products. These three sub-sectors accounted for over 80% of the manufacturing sector's sales value in January.
Q.What was the total number of people employed in Malaysia's manufacturing sector in January 2018?
What was the total number of people employed in Malaysia's manufacturing sector in January 2018?
In January 2018, the manufacturing sector employed 1.07 million persons. This represents an increase of 26,203 persons compared to the 1.04 million employees recorded in the same month of the previous year.
Q.How much did salaries and wages increase for manufacturing employees between January 2017 and January 2018?
How much did salaries and wages increase for manufacturing employees between January 2017 and January 2018?
Salaries and wages paid to employees in the manufacturing sector rose by 13.3% or RM439.7 million, reaching a total of RM3.74 billion in January 2018. This translates to an average increase per employee.
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