Department of Statistics: Manufacturing sales up 15.5% in December 2021 compared to December 2020 | Money

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According to the DoSM, the sales value of export-oriented industries, which accounted for 72.1% of the total sales value, recorded an increase of 18.7% while domestic-oriented industries recorded an increase. 8.0% increase in December 2021 compared to the same period. month in 2020. — Photo by Sayuti Zainudin

KUALA LUMPUR, February 8 – Malaysia’s manufacturing sales increased by 15.5% year-on-year (year-on-year) to RM143.9 billion in December 2021, according to the Statistics Department of Malaysia. Malaysia (DoSM).

Month over month, the value of sales increased by 1.1%.

Chief Statistician Datuk Seri Mohd Uzir Mahidin said sales value growth for December 2021 was driven by the petroleum, chemical, rubber and plastic products sub-sector (up 19.9% ​​YoY annual), particularly in the coke and refined petroleum products industries.

“The expansion was also attributed to the food, beverage and tobacco sub-sector (+19.0% y-o-y), supported by food manufacturing industries as well as the commodity sub-sector electrical and electronic products (+18.4% year-on-year), mainly in the manufacture of computer, optical and electronic products,” it said in a statement today.

According to the DoSM, the sales value of export-oriented industries, which accounted for 72.1% of the total sales value, recorded an increase of 18.7% while domestic-oriented industries recorded an increase. 8.0% increase in December 2021 compared to the same period. months in 2020.

Growth in sales value of export-oriented industries was in line with double-digit growth recorded in foreign trade exports and favorable pricing factors.

On a month-to-month basis, export-oriented industries grew 1.7% while domestic-oriented industries declined 0.3%.

Mohd Uzir said that the total number of employees hired in the manufacturing sector in December 2021 was 2.26 million, an increase of 2.7% compared to the 2.2 million employees in December 2020, brought by electrical and electronic products (5.3%), wood, furniture, paper products and printing (3.4 percent) and food, beverages and tobacco (2.4 percent) percent).

The DoSM said wages and salaries paid amounted to RM8.12 billion, an increase of 4.9% or RM377.8 million in December 2021 from the same month a year earlier.

Additionally, the value of sales per employee increased by 12.4% to RM63,688 from RM56,644 in December 2020.

Meanwhile, the average wages and salaries per employee was RM3,594 in December 2021.

Between January and December 2021, the value of manufacturing sales increased by 15.5% to RM1,554.7 billion from the same period in 2020, with the number of employees and wages and salaries registering an increase. growth of 2.7% and 3.0%. respectively.

The value of sales per employee for 2021 also increased by 12.4% to RM688,053.

Meanwhile, compared to 2019 which was the pre-pandemic period, the value of manufacturing sales increased by 13.0%.

The DoSM said the subsectors that topped the value of sales in 2019 were petroleum, chemical, rubber and plastic products (24.4%), food, beverages and tobacco (21.2%). ), electrical and electronic products (13.9%) as well as transport equipment. and other manufacturers (7.4 percent).

Meanwhile, the subsectors that have yet to recover from the pre-pandemic year were non-metallic mineral products, base metals and metal products (-9.3%), wood, furniture , paper products and printing (-7.2%) and textiles, clothing, leather and footwear (-2.3 percent). — Bernama

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