Industrial production in Malaysia unexpectedly increased by 1.7 percent year-on-year in December 2020, missing market consensus of a 0.5 percent fall and following a 2.2 percent drop a month earlier. This was the first time increase in industrial output in three months, and the most since February, amid the coronavirus pandemic. Manufacturing activity grew faster (4.1 percent vs 2.0 percent), led by transport equipment & other manufactures (8.4 percent), petroleum, chemical, rubber & plastic products (7.7 percent) and electrical & electronic products (7.6 percent). In addition, production of mining shrank much less (-5.4 percent vs -15.4 percent in November), due to the decrease in crude oil & condensate index (-9.0%) and natural gas index (-2.5%). Also, electricity output contracted by 0.2 percent, after a 2.5 drop in the prior month. Considering 2020 full year, the manufacturing output declined by 4.2 percent from a year earlier. source: Department of Statistics, Malaysia

Industrial Production in Malaysia averaged 1.92 percent from 2007 until 2020, reaching an all time high of 12.80 percent in March of 2010 and a record low of -32 percent in April of 2020. 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 February of 2021.

Industrial Production in Malaysia is expected to be 5.20 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 5.00 in 12 months time. In the long-term, the Malaysia Industrial Production is projected to trend around 5.00 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Malaysia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
1.70 -2.20 12.80 -32.00 2007 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 04:00 AM Sep 1% 0.2% 1.7% 1.1%
2020-12-11 04:00 AM Oct -0.5% 1% -0.5% 0.1%
2021-01-11 04:00 AM Nov -2.2% -0.5% 0.2% -0.9%
2021-02-08 04:00 AM Dec 1.7% -2.2% -0.5% -1.3%
2021-03-12 04:00 AM Jan 1.7%
2021-04-09 04:00 AM Feb
2021-05-06 04:00 AM Mar
2021-06-11 04:00 AM Apr


News Stream
Malaysia Industrial Output Rises the Most in 10 Months
Industrial production in Malaysia unexpectedly increased by 1.7 percent year-on-year in December 2020, beating market consensus of a 0.5 percent fall and following a 2.2 percent drop a month earlier. This was the first increase in industrial output in three months, and the most since February, amid the coronavirus pandemic. Manufacturing activity grew faster (4.1 percent vs 2.0 percent), led by transport equipment & other manufactures (8.4 percent), petroleum, chemical, rubber & plastic products (7.7 percent) and electrical & electronic products (7.6 percent). In addition, production of mining shrank much less (-5.4 percent vs -15.4 percent in November), due to the decrease in crude oil & condensate index (-9.0%) and natural gas index (-2.5%). Also, electricity output contracted by 0.2 percent, after a 2.5 drop in the prior month. Considering 2020 full year, the manufacturing output declined by 4.2 percent from a year earlier.
2021-02-08
Malaysia Industrial Output Shrinks the Most in 6 Months
Industrial production in Malaysia unexpectedly dropped by 2.2 percent year-on-year in November 2020, missing market consensus of a 0.2 percent rise and following a 0.5 percent decline a month earlier. This was the second straight month of decline in industrial output, and the steepest fall since May, amid the coronavirus pandemic. Production of mining shrank faster (-15.4 percent vs -10.6 percent in October), due to the decrease in crude oil & condensate index (-15.8%) and natural gas index (-15.1%). Also, electricity output shrank by 2.5 percent, after a 0.8 percent growth in the prior month.In addition, manufacturing activity grew softer (2.0 percent vs 2.4 percent), led by electrical & electronic products (8.3 percent), transport equipment & other manufactures (6.5 percent), and petroleum, chemical, rubber & plastic products (2.0 percent).
2021-01-11
Malaysia Industrial Output Drops for 1st Time in 4 Months
Industrial production in Malaysia fell by 0.5 percent year-on-year in October 2020, in line with market consensus and after increasing by 1 percent a month earlier. This was the first time decline in industrial output since June, amid the coronavirus pandemic. Production of mining shrank faster (-10.6 percent vs -9.6 percent in September), due to the decrease in crude oil & condensate index (-12.6%) and natural gas index (-9.0%). In addition, manufacturing activity expanded softer (2.4 percent vs 4.3 percent), led by electrical & electronic products (8.1 percent), transport equipment & other manufactures (3.5 percent), and petroleum, chemical, rubber & plastic products (1.7 percent). By contrast, electricity output grew by 1 percent, after a 2.1 percent drop in the prior month.
2020-12-11
Malaysia Industrial Output Growth Below Forecasts
Industrial production in Malaysia rose by 1 percent year-on-year in September 2020, less than market consensus of a 1.7 percent growth and after a 0.2 percent gain a month earlier. This was the third straight month of growth in industrial output, as the country emerged further from the COVID-19 shocks following the loosening of the movement control orders. Production of manufacturing expanded faster (4.3 percent vs 2.2 percent in August), led by electrical & electronic products (9.8 percent), food beverages & tobacco (4.9 percent), and petroleum, chemicals (3.2 percent). Meanwhile, there were declines in both mining activity (-9.6 percent vs -6.7 percent) and electricity output (-2.1 percent vs -1.1 percent).
2020-11-09

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.