Malaysia’s manufacturing sales RM126.9 billion rose 15.3% March 2021

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malaysia

PUTRAJAYA MAY 6: Malaysia’s manufacturing sales in March 2021 stood at RM126.9 billion, 15.3% growth compared to 2020 while on the monthly basis the sales value increased by 7.2%.

Chief  Statistician Malaysia, Department of Statistic, Datuk Seri Dr. Mohd. Uzir Mahidin said, the year-on-year increase of 15.3% was the highest after 44 months driven by the transport equipment & other manufactured products (34.2%), electrical and electronic products (17.0%) and food, beverages and tobacco products (14.2%).

Mohd. Uzir added, the total employees engaged in the manufacturing sector in March 2021 were 2,233,545 persons, a decrease of 1.1% as compared to 2,257,273 persons in March 2020.

He said, the amount of salaries and wages paid was RM7, 514.3 million, an increase by 0.8% or RM58.3 million in March 2021 as against the same month of the preceding year.

Mohd. Uzir was commenting on the Monthly Manufacturing Statistics, Malaysia, March 2021 report.

“Simultaneoulsly, the sales value per employee rose by 16.5% to record RM56, 831 as compared with the same month in 2020. The average salaries and wages per employee was RM3, 364 in March 2021. In the first quarter 2021, the sales value registered an increase of 8.5% to RM368.2 billion as compared to the same period of 2020,” he said in a statement here today.

The statement added, the number of employees engaged during the period declined by 1.1 % to register 2,233,545 persons while salaries and wages paid decreased by 0.6% to RM22.6 billion. The sales value per employee during the reference period rose by 9.7% to record RM164, 865. –Malaysia World News  


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