Industrial production in Malaysia dropped by 4.9 percent year-on-year in March 2020, compared with market consensus of a 5 percent fall and after an upwardly revised 5.8 percent rise in February. This was the first decline in industrial output since December 2015 and the steepest since May of 2011, as COVID-19 pandemic took a huge toll on the sector, with manufacturing output tumbling (-4.2 percent vs 6.2 percent in February), mainly due to non-metallic mineral products, basic metal & fabricated metal products (-9.8 percent), electrical and electronic products (-5 percent), transport equipment & other manufactures (-10.2 percent), and food, beverages & tobacco (-9.9 percent). In addition, mining activity shrank 6.5 percent, following a 6.1 percent rise in February, largely due to natural gas (-6 percent) and crude oil and condensate (-7.1 percent). At the same time, the electricity sector decreased by 7 percent, after a 6.8 percent rise in February.

Industrial Production in Malaysia averaged 2.37 percent from 2007 until 2020, reaching an all time high of 12.80 percent in March of 2010 and a record low of -17.60 percent in January of 2009. This page provides - Malaysia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Department of Statistics, Malaysia

Industrial Production in Malaysia is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Malaysia to stand at 4.80 in 12 months time. In the long-term, the Malaysia Industrial Production is projected to trend around 4.80 percent in 2021, according to our econometric models.

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Malaysia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.90 5.80 12.80 -17.60 2007 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-07 04:00 AM Dec 1.3% 2.1% 2% 0.5%
2020-03-13 04:00 AM Jan 0.6% 1.3% 2.8%
2020-04-13 04:00 AM Feb 5.8% 0.6% 1.9% 0.5%
2020-05-12 04:00 AM Mar -4.9% 6.2% -5% -4.5%
2020-06-11 04:00 AM Apr -4.9% -6.5%
2020-07-10 04:00 AM May
2020-08-07 04:00 AM Jun 3.2%
2020-09-11 04:00 AM Jul


News Stream
Malaysia Industrial Output Drops the Most in Nearly a Decade
Industrial production in Malaysia dropped by 4.9 percent year-on-year in March 2020, compared with market consensus of a 5 percent fall and after an upwardly revised 5.8 percent rise in February. This was the first decline in industrial output since December 2015 and the steepest since May of 2011, as COVID-19 pandemic took a huge toll on the sector, with manufacturing output tumbling (-4.2 percent vs 6.2 percent in February), mainly due to non-metallic mineral products, basic metal & fabricated metal products (-9.8 percent), electrical and electronic products (-5 percent), transport equipment & other manufactures (-10.2 percent), and food, beverages & tobacco (-9.9 percent). In addition, mining activity shrank 6.5 percent, following a 6.1 percent rise in February, largely due to natural gas (-6 percent) and crude oil and condensate (-7.1 percent). At the same time, the electricity sector decreased by 7 percent, after a 6.8 percent rise in February.
2020-05-12
Malaysia Industrial Output Rises the Most Since 2017
Industrial production in Malaysia increased by 5.8 percent year-on-year in February 2020, easily beating market consensus of a 1.9 percent gain and after a 0.6 percent rise in January. This was the steepest growth in industrial output since August 2017, amid a faster rise in manufacturing output (5.6 percent vs 2.2 percent in January), led by petroleum, chemical, rubber and plastics (6.3%), non-metallic mineral products, basic metal & fabricated metal products (6.2%), and electrical and electronic products (5.1%). In addition, mining activity grew 6.1 percent, rebounding from a 3.9 percent fall in January, largely boosted by natural gas (12%). At the same time, electricity sector increased 6.8 percent, following a 0.01 percent fall in January. On a monthly basis industrial output grew 3.2 percent in February, after a revised flat reading in January.
2020-04-13
Malaysia Industrial Output Growth Slows to 0.6%
Industrial production in Malaysia increased by 0.6 percent year-on-year in January 2020, after a 1.3 percent rise in December 2019. It was the weakest growth in industrial output since October last year, as manufacturing output growth eased (2.1 pct vs 3.4 pct in December), mainly due to textile, wearing, apparel, leather & footwear (3.2% vs 4.9%), transport equipment & other manufactres (1.4% vs 4.7%), non-metallic mineral products, basic metal & fabricated metal products (3.9% vs 4.6% ). At the same time, electricity production edged down (-0.01 pct vs 0.9 pct). Meanwhile, mining output fell 3.9 percent, after a 4.9 percent drop in December, due to decreases in crude oil and condensate (-5.9%) and natural gas (-2.3%). On a monthly basis industrial output inched down 0.04 percent in January 2020, after a 0.4 percent fall in December.
2020-03-13
Malaysia Industrial Output Growth Below Expectations
Industrial production in Malaysia increased by 1.3 percent year-on-year in December 2019, after an upwardly revised 2.1 percent rise in November, and below market consensus of 2.0 percent. Electricity production increased at a softer rate (0.9 pct vs 1.6 pct in November). At the same time, mining output tumbled 4.9 percent, after a 0.5 percent rise in November, due to decreases in crude oil and condensate index (-6.6%) and natural gas (-3.4%). Meanwhile, manufacturing output growth accelerated (3.4 pct vs 2.5 pct), mainly due to transport equipment and electrical and electronics products (3.1%), non-metallic mineral products, basic metal & fabricated metal products (4.6%) and petroleum, chemicals, rubber & plastic products (3.6%). Considering 2019 full year, industrial production grew 2.4 percent over a year ago. On a monthly basis industrial output went down 0.4 percent in December, swinging from a 1.8 percent gain in November.
2020-02-07

Malaysia Industrial Production
In Malaysia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.