Strong growth in November manufacturing sector sales

January 11, 2018 | By | Reply More

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KUALA LUMPUR: Malaysia’s November manufacturing sales continued to record a strong growth of 10.9%, rising to RM66.6 billion compared with RM60.1 billion reported a year ago.

Year on year, the significant increase in sales value in November 2017 was due to increases in electrical and electronic products (8.8%), petroleum, chemical, rubber and plastic products (17.8%) and non-metallic mineral products, basic metal and fabricated metal products (4.8%). These three sub-sectors contributed 79.7% to the sales value of the manufacturing sector.

The total number of employees engaged in the manufacturing sector in November 2017 was 1.05 million, an increase of 2.3% or 23,960 from 1.03 million persons in November 2016.

Salaries and wages paid rose 9.2% (RM297.2 million) to record RM3.53 billion, thus registering an average salaries & wages per employee of RM3,347 in November 2017.

Sales value per employee gained 8.4% to record RM63,186 against that in the same month of the previous year.

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