Manufacturing sales up in January in food, beverages and tobacco

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KUALA LUMPUR: Malaysia’s manufacturing sales in January 2022 increased by 13.1% year-on-year (year-on-year) to RM139 billion from the same month in 2021, according to the Department of statistics.

However, the value of sales decreased by 3.4% compared to the previous month.

Chief Statistician Datuk Seri Mohd Uzir Mahidin said the growth in sales value was driven by the food, beverage and tobacco sub-sector, which grew 20.6% year-on-year, in especially in the food production industries.

“The expansion was also attributed to the petroleum, chemical, rubber and plastic products sub-sectors, up 15.7% year-on-year, and supported by the coke and product manufacturing industries. refined petroleum products as well as the electrical and electronic products sub-sector (up 10.6% year-on-year), mainly in the manufacture of computer, electronic and optical products,” he said in a statement yesterday. .

The sales value of export-oriented industries, which accounted for 71% of the total sales value, recorded an increase of 14.4%, while domestic-oriented industries posted an increase of 10.1 % in January 2022 compared to the same month in 2021.

Manufacture of cooking and packaging oil

The sales value growth of export-oriented industries was in line with double-digit growth in foreign trade exports and pricing factors that remained supportive, he said.

On a month-to-month basis, export-oriented industries were down 4.9%, while domestic-oriented industries were up 0.3%.

The total number of employees engaged in manufacturing in January 2022 was 2.27 million people, an increase of 2.2% from 2.23 million people in January 2021.

The increase was attributable to electrical and electronic products (4.8%), wood, furniture, paper products and printing (3.1%), transportation equipment and other manufacturing products (1.8%).

The department also disclosed that wages and salaries paid in January amounted to RM7.87 billion, an increase of 4.1%, or RM307.3 million.

“In addition to this, the value of sales per employee increased by 10.7% to RM61,116 compared to the same month in 2021 (RM55,213).

“Meanwhile, the average wages and salaries per employee was RM3,459 in January 2022,” he said. — Bernama

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