IPI Dec 2021KUALA LUMPUR: The Industrial Production Index (IPI) increased 5.8 per cent in December 2021 as compared to the same month of the previous year, the Department of Statistics Malaysia (DoSM) said.Chief statistician Datuk Sri Mohd Uzir Mahidin said the expansion of IPI was contributed by the increment of 8.4 per cent in the manufacturing index and 3.7 per cent in the electricity index but the mining index recorded a decline of 2.5 per cent. "On a month-on-month basis, the IPI increased by 1.3 per cent driven by the manufacturing, mining and electricity indices,” he said in a statement today.He said the manufacturing sector output increased by 8.4 per cent year-on-year in December 2021 after recording a growth of 11.3 per cent in November 2021. "The main subsectors that contributed to the growth in the manufacturing sector in December 2021 were electrical and electronics products (18.2 per cent), food, beverages and tobacco products (10.3 per cent) and non-metallic mineral products, basic metal and fabricated metal products (5.3 per cent),” he said.Simultaneously, he said the growth of the manufacturing sector was driven by both export-oriented industry (9.6 per cent) and domestic-oriented industry (5.7 per cent). "Subsectors which surpassed the manufacturing index in 2019 were electrical and electronics products (17.2 per cent), petroleum, chemical, rubber and plastic products (12.2 per cent), food, beverages and tobacco (0.2 per cent). "While the subsectors that have not yet recovered were non-metallic mineral products, basic metal and fabricated metal products (-9.2 per cent), textile, wearing apparel, leather and footwear (-6.4 per cent), transport equipment and other manufacturers (-4.5 per cent) and wood, furniture, paper products and printing (-1.4 per cent),” he added.
