Department Of Statistics Malaysia in its September report indicated the country’s Manufacturing sales value stood at RM161.7 billion a growth of 19.5 percent as compared to the same month in 2021.
The report showed growth in sales value was driven by the Electrical & Electronics Products (24.7%), Petroleum, Chemical, Rubber & Plastic Products (27.2%), and Food, Beverages & Tobacco Products (7.1%) subsectors. Total employees engaged in the Manufacturing sector in September was 2,316,961 persons, augmented 3.8 percent as compared to 2,231,406 persons in September 2021.
Meanwhile, the salaries & wages paid increased by 5.4 percent or RM405.7 million amounting to RM7,884.5 million as against the same month of the preceding year. The sales value per employee rose by 15.1 percent to a record RM69,787 as compared with the same month in 2021 while the average salaries & wages per employee was RM3,403.
In the third quarter of 2022, the sales value of the Manufacturing sector surged 22.5 percent to RM467.6 billion as compared to the same quarter of the previous year. The growth was driven by Electrical & Electronics Products (25.5%), Petroleum,
Chemical, Rubber & Plastics Products (24.4%) and Food, Beverages & Tobacco Products (13.0%) subsectors. The number of
employees and salaries & wages improved 3.8 percent and 6.7 percent respectively in the third quarter of 2022.
For the period of January to September 2022, the sales value of the Manufacturing sector soared 17.6 percent to RM1,326.3
billion as compared to the same period in 2021. The number of employees increased by 3.8 percent to2.32 million persons while salaries & wages expanded 5.3 percent to RM70.2 billion. Sales value per employee for a similar period of the year 2022 recorded RM572,452 with year-on-year growth of13.3 percent.
