Malaysia’s Manufacturing Recorded Highest Sales Value Of RM142.4 billion In November 2021

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Malaysia’s Manufacturing sales in November 2021 stood at RM142.4 billion, grew 18.8 percent compared to the same month of the previous year.

The Department Of Statistics Malaysia said that the rise in sales value was driven by the Petroleum, Chemical, Rubber & Plastic Products (29%), Food, Beverages & Tobacco Products (20.7%), and Electrical & Electronics Products (17.8%). Meanwhile, on a month-on-month basis, the sales value increased by 1.2 percent.

It said that the total employees engaged in the manufacturing sector in November 2021 were 2,253,574 persons, an increase of 2.6 percent as compared to 2,195,488 persons in November 2020. Salaries & wages paid amounted to RM7,535.5 million, increased by 4.8 percent or RM345.2 million in November 2021 as against the same month of the preceding year.

The sales value per employee increased by 15.7 percent to a record RM63,189 as compared with the same month in 2020. Meanwhile, the average salaries & wages per employee was RM3,344 in November 2021.

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