Industrial production in Malaysia declined by 5.2 percent year-on-year in July 2021, missing market forecasts of a 1.9 percent drop and shifting from a 1.4 percent gain a month earlier. This was the firs fall in industrial output since November 2020, dragged down by the latest wave of local COVID-19 cases and low vaccination rates. Manufacturing output shrank much faster (-6.5 percent vs -0.2 percent in June), amid decreases in transport equipment & other manufacturing (-43.8 percent), non-metallic mineral products, basic metals and fabricated metal products (-27.6 percent) and wood products (-23.7 percent). Also, electricity production fell for the second month running and was at a steeper rate (-6.6 percent vs -4.8 percent). At the same time, mining activity grew by 0.6 percent after jumping 10.3 percent in June, as the natural gas index was up by 4.1 percent amid a 3.6 percent fall in the crude oil & condensate index. source: Department of Statistics, Malaysia

Industrial Production in Malaysia averaged 2.33 percent from 2007 until 2021, reaching an all time high of 50.10 percent in April of 2021 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 September of 2021.

Industrial Production in Malaysia is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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
-5.20 1.40 50.10 -32.00 2007 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-11 04:00 AM Apr 50.1% 9.3% 46.1% 47%
2021-07-12 04:00 AM May 26.0% 50.1% 24.6% 29%
2021-08-09 04:00 AM Jun 1.4% 26.0% -0.3% -0.2%
2021-09-10 04:00 AM Jul -5.2% 1.4% -1.9% -2%
2021-10-12 04:00 AM Aug -5.2%
2021-11-09 04:00 AM Sep
2021-12-11 04:00 AM Oct


News Stream
Malaysia Industrial Output Falls More than Expected
Industrial production in Malaysia declined by 5.2 percent year-on-year in July 2021, missing market forecasts of a 1.9 percent drop and shifting from a 1.4 percent gain a month earlier. This was the firs fall in industrial output since November 2020, dragged down by the latest wave of local COVID-19 cases and low vaccination rates. Manufacturing output shrank much faster (-6.5 percent vs -0.2 percent in June), amid decreases in transport equipment & other manufacturing (-43.8 percent), non-metallic mineral products, basic metals and fabricated metal products (-27.6 percent) and wood products (-23.7 percent). Also, electricity production fell for the second month running and was at a steeper rate (-6.6 percent vs -4.8 percent). At the same time, mining activity grew by 0.6 percent after jumping 10.3 percent in June, as the natural gas index was up by 4.1 percent amid a 3.6 percent fall in the crude oil & condensate index.
2021-09-10
Malaysia Industrial Output Unexpectedly Rises
Industrial production in Malaysia unexpectedly increased by 1.4 percent year-on-year in June 2021, beating market estimates of a 0.3 percent fall and after an upwardly revised 26.1 percent surge a month earlier. This was the seventh straight month of growth in industrial output on the back of an easing in COVID-19 restrictions as virus vaccinations accelerated. Mining output gained further (10.3 percent vs 20.7 percent in May), amid rises in natural gas index (13.4 percent) and crude oil & condensate index (6.3%). In contrast, manufacturing activity contracted (-0.2 percent vs 29.8 percent, mainly led by decreases in transport equipment & other manufactures (-42.7 percent), non-metallic mineral products, basic metal & fabricated metal products (-21.3 percent), and wood products, furniture, paper products & printing (-18.2 percent). Also, production of electricity fell 4.8 percent following a 8.8 percent rise in May.
2021-08-09
Malaysia Industrial Output Grows for 6th Month
Industrial production in Malaysia rose by 26.0 percent year-on-year in May 2021, compared with market estimates of 24.6 percent and a record pace of 50.1 percent jump a month earlier, pointing to the sixth straight month of increase. Manufacturing activity expanded much softer (29.8 percent vs 68 percent in April), amid renewed COVID-19 related restrictions, mainly led by increases in petroleum, chemical, rubber & plastic products (34.8 percent), non-metallic mineral products, basic metal & fabricated metal products (49.4 percent), and transport equipment & other manufactures (68.9 percent). Also, production of electricity went up 7.9 percent, slowing sharply from a 22.9 percent gain in April. Meanwhile, mining output rose faster (20.7 percent vs 14.3 percent), lifted by rises in natural gas index (30.9 percent) and crude oil & condensate index (8.6%).
2021-07-12
Malaysia Industrial Output Growth Hits Record Peak
Industrial production in Malaysia jumped to a record pace of 50.1 percent year-on-year in April 2021, beating market estimates of a 46.1 percent gain and after a 9.3 percent rise a month earlier. This was the fifth straight month of increase in industrial output, amid a pick-up in economic recovery from the coronavirus pandemic and a low base comparison. Manufacturing activity accelerated sharply (68 percent vs 12.7 percent vs in March), boosted by increases in transport equipment & other manufactures (275.2 percent), non-metallic mineral products, basic metal & fabricated metal products (141.0 percent), and electrical & electronic products (70.1 percent). Also, production of electricity went up much faster (22.9 percent vs 10.3 percent), amid a strong rebound in mining output (14.3 percent vs -1.9 percent), lifted by rises in natural gas index (23.9 percent) and crude oil & condensate index (2.7%).
2021-06-11

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.