Manufacturing sales up 2.1% in Nov

KUALA LUMPUR – Malaysia’s manufacturing sales grew 2.1% year-on-year to RM119.9 billion in November last year, the Statistics Department said today.

On a monthly basis, the sales value went down by 1.7%.

In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said the year-on-year (y-o-y) growth in sales value during the month was driven by the increase in transport equipment and other manufactured products (10.5%), electrical and electronics products (5.3%), and food, beverages and tobacco products (5.1%).

However, he said the total number of employees in the manufacturing sector in November declined 2.2% y-o-y to 2.2 million people versus 2.25 million previously, with salaries and wages paid amounting to RM7.19 billion, lower by 1.3% or RM91.8 million against the same month last year.

Simultaneously, Uzir said the sales value per employee rose by 4.5% y-o-y to RM54,599 while the overall average salaries and wages per employee in the sector was RM3,275 in November. – Bernama, January 11, 2021