Posted on 12 Apr 2010
The sales value of the manufacturing sector in February 2010 continued to post a year-on-year double digit growth of 17.3% to RM40.3bil compared with RM34.4bil reported in February 2009.
Month-on-month, the sales value, however, decreased by 7% or RM3bil against the preceding month, the Statistics Department said in its latest manufacturing statistics report.
The sales value in January 2010 was a revised positive 28.9% year-on-year to RM43.4bil, it added.
It said the year-on-year increase in the sales value in February 2010 was generated by the growth in the sales value of 79 industries (68.1%) out of 116 industries covered in the survey.
The department said total employees engaged in the manufacturing sector in February 2010 was 952,289, an increase of 2,124 persons or 0.2% compared with the preceding month.
In the first two months of the year, the sales value of the manufacturing sector posted a double-digit growth of 23% or RM15.7bil to RM83.7bil.
The number of employees engaged, however, decreased by 1.7% or 16,327 to 952,289. Cumulatively, productivity or average sales value per employee in this period increased by 25.1% to RM87,891.
Meanwhile, the industrial production index in February this year rose 4.9% year-on-year.
The Statistics Department said this was due to higher manufacturing and electricity indices.
However, the index declined 11% compared with January 2010, the Statistics Department said in a separate statement.
