Industrial production in Malaysia increased by 2.5 percent year-on-year in September 2021, reversing sharply from a 0.7 percent drop in the previous month and beating market forecasts of a 1.9 percent growth. This was the first increase in industrial output since June, amid easing COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output picked up strongly (4.0 percent vs 0.6 percent in August), mainly supported by electrical & electronics products (12.3 percent), petroleum, chemical, rubber & plastics (6.1 percent) and food, beverages and tobacco (2.1 percent). Also, electricity production expanded for the first time in four months (0.4 percent vs -4.8 percent in August). In addition, mining activity shrank less (-3.0 percent vs -4.2 percent), due to a 7.7 percent fall in the crude oil & condensate index. source: Department of Statistics, Malaysia

Industrial Production in Malaysia averaged 2.32 percent from 2007 until 2021, reaching an all time high of 50.10 percent in April of 2021 and a record low of -32 percent in April of 2020. This page provides - Malaysia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Industrial Production in Malaysia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Industrial Production is projected to trend around 5.00 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Malaysia Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-10-12 04:00 AM Aug -0.7% -5.1% 0.6% 1%
2021-11-09 04:00 AM Sep 2.5% -0.7% 1.9% 2%
2021-12-10 04:00 AM Oct 2.5% 5.1% 4.8%


Related Last Previous Unit Reference
Industrial Production Mom 3.70 2.40 percent Sep/21
Industrial Production 2.50 -0.70 percent Sep/21
Manufacturing Production 0.60 -6.50 percent Aug/21
Changes in Inventories 879.00 15800.00 MYR Million Sep/21
Car Production 32556.00 12897.00 Units Sep/21
Leading Economic Index 4.00 1.10 percent Sep/21
Coincident Index 112.40 108.20 points Sep/21
Cement Production 1378.00 1381.00 Thousands of Tonnes Sep/21
Mining Production -4.20 0.60 percent Aug/21

News Stream
Malaysia Industrial Output Rises More than Expected
Industrial production in Malaysia increased by 2.5 percent year-on-year in September 2021, reversing sharply from a 0.7 percent drop in the previous month and beating market forecasts of a 1.9 percent growth. This was the first increase in industrial output since June, amid easing COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output picked up strongly (4.0 percent vs 0.6 percent in August), mainly supported by electrical & electronics products (12.3 percent), petroleum, chemical, rubber & plastics (6.1 percent) and food, beverages and tobacco (2.1 percent). Also, electricity production expanded for the first time in four months (0.4 percent vs -4.8 percent in August). In addition, mining activity shrank less (-3.0 percent vs -4.2 percent), due to a 7.7 percent fall in the crude oil & condensate index.
2021-11-09
Malaysia Industrial Output Unexpectedly Drops
Industrial production in Malaysia unexpectedly declined by 0.7 percent year-on-year in August 2021, missing market forecasts of a 0.6 percent gain and after a 5.1 percent fall a month earlier. This was the second straight month of decreases in industrial output, amid the latest wave of local COVID-19 cases and low vaccination rates. Electricity production fell for the third month running (-4.8 percent vs -6.6 percent in July); while mining activity shrank 4.2 percent after growing 0.6 percent in July, amid a 4.8% fall in the crude oil & condensate index. By contrast, manufacturing output grew by 0.6 percent, compared to a 6.5 percent drop in July, mainly supported by petroleum, chemical, rubber & plastics (15.2 percent) and electrical & electronics products (8.6%).
2021-10-12
Malaysia Industrial Output Falls More than Expected
Industrial production in Malaysia declined by 5.2 percent year-on-year in July 2021, missing market forecasts of a 1.9 percent drop and shifting from a 1.4 percent gain a month earlier. This was the firs fall in industrial output since November 2020, dragged down by the latest wave of local COVID-19 cases and low vaccination rates. Manufacturing output shrank much faster (-6.5 percent vs -0.2 percent in June), amid decreases in transport equipment & other manufacturing (-43.8 percent), non-metallic mineral products, basic metals and fabricated metal products (-27.6 percent) and wood products (-23.7 percent). Also, electricity production fell for the second month running and was at a steeper rate (-6.6 percent vs -4.8 percent). At the same time, mining activity grew by 0.6 percent after jumping 10.3 percent in June, as the natural gas index was up by 4.1 percent amid a 3.6 percent fall in the crude oil & condensate index.
2021-09-10

Malaysia Industrial Production
In Malaysia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.