Malaysia’s manufacturing sales rise 1.9pct to RM119.3b in July 2020

14-Sep-2020 Intellasia | Theedgemarkets | 6:02 AM Print This Post

Malaysia’s manufacturing sales in July 2020 stood at RM119.3 billion, growing 1.9 percent compared to the previous year, while on a month-to-month basis, the sales value increased 2.1%, according to the Department of Statistics Malaysia (DOSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin, in a statement today, said the year-on-year growth in sales value in July 2020 was driven by the increase in the sales of food, beverage and tobacco products (24.9%), transport equipment and other manufactures products (14.3%) and electrical and electronics products (8.4%).

Meanwhile, the sub-sectors that supported the month-on-month growth were transport equipment and other manufactures products (11.8%), non-metallic mineral products, basic metal and fabricated metal products (8.0%), and electrical and electronics products (3.9%).

“The total number of employees engaged in the manufacturing sector in July 2020 was 2,192,260 persons, a decrease of 2.4 percent compared to 2,246,595 persons in July 2019,” said Mohd Uzir.

Meanwhile, salaries and wages paid amounted to RM7.09 billion, decreased by 3.2 percent or RM236.7 million, in July 2020 compared to the same month of the preceding year.

Simultaneously, the sales value per employee rose by 4.5 percent to RM54,403 compared to the same month in 2019.

Meanwhile, the average salaries and wages per employee was RM3,235 in July 2020.

https://www.theedgemarkets.com/article/malaysias-manufacturing-sales-rise-19-rm1193b-july-2020

 

Category: Malaysia

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