Malaysia’s manufacturing sales rose 4.1% year-on-year in June 2020 to RM116.7 billion after registering negative growth for three consecutive months, driven by the increase in food, beverages & tobacco products (25.3%), transport equipment & other manufactures products (23.1%) and electrical & electronics products (12.7%).
On a month-on-month basis, manufacturing sales expanded 30.4% as compared to May 2020.
Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the sub-sectors that grew at a faster pace month-on-month were transport equipment & other manufactures products (87.4%), electrical & electronics products (45.7%) and non-metallic mineral products, basic metal & fabricated metal products (26.3%).”
He added that the number of employees engaged in the manufacturing sector in June 2020 was 2.19 million persons, a decrease of 2.2% as compared to 2.24 million persons in June 2019. Salaries & wages paid decreased by 2.0% to RM7.11 billion in June 2020 as against the same month of the preceding year.
Simultaneously, the sales value per employee rose by 6.5% to record RM53,319 as compared with the same month in 2019. Meanwhile, the average salaries & wages per employee was RM3,251 in June 2020.
In the second quarter 2020, manufacturing sales shrank 16.5% to RM281.9 billion as compared to 2.2% registered in the previous quarter, due to the decrease in non-metallic mineral products, basic metal & fabricated metal products (-48.8%), transport equipment & other manufactures products (-24.3%) and electrical & electronics products (-15.6%). The number of employees and salaries & wages dropped 2.2% and 4.0% respectively in the second quarter 2020.