Malaysia’s Manufacturing Sales  In March Stood At Record Value Of RM144.6 Billion : DOSM

Malaysia’s Manufacturing sales value in March 2022 stood at RM144.6 billion, grew 13.9 per cent as compared to the previous year, the Department Of Statistics Malaysia (DOSM) said.

It said that the rise in sales value in March 2022 was driven by the increase in Food, Beverages & Tobacco Products (16.4%), Petroleum Chemical, Rubber & Plastic Products (12.6%) and Electrical & Electronics Products (9.8%). Meanwhile, on month-on-month basis, the sales value increased 9.8 per cent.

On the total employees engaged in the manufacturing sector in March 2022, it said that there was 2,287,325 persons, an increase of 2.4 per cent as compared to 2,233,545 persons in March 2021. Salaries & wages paid amounted to RM7,842.9 million, increased by 4.4 per cent or RM328.6 million in March 2022 as against the same month of the preceding year.

DOSM said that the sales value per employee rose by 11.2 per cent to record RM63,222 as compared with the same month in 2021. Meanwhile, the average salaries & wages per employee was RM3,429 in March 2022.

“In the first quarter of 2022, the sales value of the Manufacturing sector grew 12.8 per cent to RM415.3 billion as compared to the same quarter of the previous year. The increase was contributed by Petroleum, Chemical, Rubber & Plastics Products (25.2%), Electrical & Electronics Products (17.7%) and Food, Beverages & Tobacco Products (17.0 %). “The number of employees and salaries & wages rose 2.4 per cent and 4.1 per cent respectively in the first quarter 2022,” it said

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