Posted on 11 Nov 2011
The Malaysian Industrial Production Index (IPI) increased 2.5% in September from a year earlier, underpinned by growth in the manufacturing and electricity sectors.
“The increase in September was reflected by the growth in manufacturing and electricity index by 8.2% and 6.4% respectively. However, the index of mining recorded a drop of 12%,” the department of statistics said on its website.
Month-on-month, the IPI decreased 1.9%. The cumulative index for the period of January to September 2011 increased 0.9% as compared with the same period of 2010, it said.
Meanwhile, the IPI in August was revised to positive 3.7% year-on-year.
According to the department, the manufacturing output in September increased 8.2% compared with the same month last year.
“Output for August increased by 5.9% (revised) as against August 2010.
“Compared with the preceding month, the output for September marginally decreased by 0.7%. The growth for the first nine months of 2011 increased 4.4% compared with the same period a year earlier.”
The increase in the manufacturing output in September was attributed by the increases in the groups, namely petroleum, chemical, rubber and plastics products (8.1%); non-metallic mineral products, basic metal and fabricated metal products (17.9%) and food, beverages and tobacco products (11.4%).
Meanwhile, the output for the mining sector decreased 12% in September compared with the same period a year earlier.
“This was due to the decreases in crude oil index (15.3%) and natural gas index (4.5%).
“On a month-on-month basis, the mining output reduced by 5.2%.”
From January to September 2011, the mining sector recorded a decrease of 8% compared with the same period last year, it said.
Electricity output increased 6.4% in September compared with the same period a year earlier.
Compared with August 2011, the electricity output posted a decline of 2.2%. An increase of 1.9% was registered in the period of January to September 2011 versus the same period a year earlier.
