Industrial production in Malaysia jumped by 9.4 percent year-on-year in November 2021, accelerating sharply from a 5.5 percent rise in the previous month and easily beating market forecasts of 7.3 percent. This was the third straight month of increase in industrial output and the strongest pace since May, amid a further relaxation in COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output growth accelerated (11.3 percent vs 8.0 percent in October), buoyed by electrical & electronics products (17.8 percent), food, beverages and tobacco (12.9 percent), and petroleum, chemical, rubber & plastics (8.5 percent). Also, electricity production grew faster (5.1 percent vs 4.1 percent). In addition, mining activity rebounded strongly (3.7 percent vs -3.5 percent), due to a 10.2 percent increase in the natural gas index. On a monthly basis, industrial output expanded 0.9 percent, rising for the fourth month running. source: Department of Statistics, Malaysia

Industrial Production in Malaysia averaged 2.37 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 January of 2022.

Industrial Production in Malaysia is expected to be 3.50 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 2023 and 4.80 percent in 2024, according to our econometric models.

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Malaysia Industrial Production


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.
Actual Previous Highest Lowest Dates Unit Frequency
9.40 5.50 50.10 -32.00 2007 - 2021 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-10 04:00 AM Oct 5.5% 2.5% 3.8% 4.8%
2022-01-10 04:00 AM Nov 9.4% 5.5% 7.3% 7.4%
2022-02-08 04:00 AM Dec 9.4%


Related Last Previous Unit Reference
Industrial Production Mom 3.00 1.60 percent Nov/21
Industrial Production 9.40 5.50 percent Nov/21
Manufacturing Production 11.30 8.00 percent Nov/21
Changes in Inventories 879.00 15800.00 MYR Million Sep/21
Car Production 53661.00 61248.00 Units Nov/21
Leading Economic Index -0.90 4.00 percent Oct/21
Mining Production 3.70 -3.50 percent Nov/21
Cement Production 2050.00 1655.00 Thousands of Tonnes Nov/21
Coincident Index 113.30 112.40 points Oct/21


News Stream
Malaysia Industrial Output Growth Strongest in 6 Months
Industrial production in Malaysia jumped by 9.4 percent year-on-year in November 2021, accelerating sharply from a 5.5 percent rise in the previous month and easily beating market forecasts of 7.3 percent. This was the third straight month of increase in industrial output and the strongest pace since May, amid a further relaxation in COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output growth accelerated (11.3 percent vs 8.0 percent in October), buoyed by electrical & electronics products (17.8 percent), food, beverages and tobacco (12.9 percent), and petroleum, chemical, rubber & plastics (8.5 percent). Also, electricity production grew faster (5.1 percent vs 4.1 percent). In addition, mining activity rebounded strongly (3.7 percent vs -3.5 percent), due to a 10.2 percent increase in the natural gas index. On a monthly basis, industrial output expanded 0.9 percent, rising for the fourth month running.
2022-01-10
Malaysia Industrial Output Growth Beats Forecasts
Industrial production in Malaysia rose by 5.5 percent year-on-year in October 2021, accelerating strongly from a 2.5 percent gain in the previous month and easily beating market forecasts of 3.8 percent. This was the second straight month of increase in industrial output and the strongest pace since May, amid a further relaxation in COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output growth quickened (8.0 percent vs 4.0 percent in September), buoyed by electrical & electronics products (13.6 percent), food, beverages and tobacco (9.3 percent), and petroleum, chemical, rubber & plastics (6.3 percent). Also, electricity production picked up strongly (4.1 percent vs 0.4 percent). On the other hand, mining activity shrank further (-3.5 percent vs -3.0 percent), due to a 10.2 percent fall in the crude oil & condensate index. On a monthly basis, industrial output grew 4.8 percent, rising for the third month running.
2021-12-10
Malaysia Industrial Output Rises More than Expected
Industrial production in Malaysia increased by 2.5 percent year-on-year in September 2021, reversing sharply from a 0.7 percent drop in the previous month and beating market forecasts of a 1.9 percent growth. This was the first increase in industrial output since June, amid easing COVID-19 restrictions and an upturn in the vaccination rate. Manufacturing output picked up strongly (4.0 percent vs 0.6 percent in August), mainly supported by electrical & electronics products (12.3 percent), petroleum, chemical, rubber & plastics (6.1 percent) and food, beverages and tobacco (2.1 percent). Also, electricity production expanded for the first time in four months (0.4 percent vs -4.8 percent in August). In addition, mining activity shrank less (-3.0 percent vs -4.2 percent), due to a 7.7 percent fall in the crude oil & condensate index.
2021-11-09