Index Of Industrial Production Malaysia April 2007
|
| |
| 1. PERFORMANCE IN APRIL 2007 |
| 1.1 Overall Performance |
The Industrial Production Index (IPI) for April 2007 increased marginally by 0.4% to 130.8 as compared with 130.3 a year ago. The growth was attributed to the rise in the Electricity index, 4.0% (158.4 from 152.3) and Manufacturing index, 0.1% (135.2 from 135.0). However, the Mining index fell slightly by 0.4% (110.4 from 110.8), a decline for three consecutive months.
When compared with the previous month, the IPI fell 3.4% from 135.4 recorded in March 2007. The decline was due to a contraction recorded in all the sectors, Mining index eased 4.9% (March, 2007: 116.1); Manufacturing index, 3.1% (March, 2007: 139.5) and Electricity index, 2.8% (March, 2007: 162.9).
|
| |
| 1.2 Manufacturing Sector |
| The positive growth of 0.1% in the Manufacturing sector for April 2007 as compared with the index a year ago was a result of the increase in the indices of 47 out of a total of 86 industries (54.7%) covered by the survey. Among the industries (with significant weights) which showed increases in their indices were: |
| |
Industries |
Manufacturing Index |
% |
April 2006 |
April 2007 |
| Manufacture of industrial gases, whether compressed, liquefied or in solid state (24111) |
81.2 |
155.1 |
91.0 |
| Manufacture of electric power cables and wires (31302) |
88.1 |
132.4 |
50.3 |
| Manufacture of pulp, paper and paperboard (21010) |
94.8 |
134.2 |
41.6 |
| Manufacture of basic iron and steel products (27100) |
103.2 |
129.0 |
25.0 |
| Manufacture of refined petroleum products (23200) |
150.5 |
168.8 |
12.2 |
|
| |
| 1.3 Electricity Sector |
The Electricity index expanded by 4.0% in April 2007 as against the corresponding month of 2006. This was due to the higher generation of electricity to 8,575 million-kilowatt hours from 8,246 million-kilowatt hours produced in April 2006. |
| |
| 1.4 Mining Sector |
The index for the Mining sector shrank by 0.4% for April 2007 as compared with the comparative index a year ago. This was solely due to a decrease in the crude oil index by 3.4% (94.6 from 97.9). The tin index climbed 22.2% (36.3 from 29.7) and natural gas index gained 4.8% (149.8 from 143.0). |
| |
|
* Notes
1. The Index of Industrial Production is the measure of the rate of change in the production of industrial commodities in real terms over time. The commodities comprise product of manufacturing, mining, and electricity commodities.
2. It should be noted that the magnitude and/or direction of the production indices of the Manufacturing sector may not necessarily correspond with the sales value of the manufacturing sector which is available in the publication entitled ‘Monthly Manufacturing Statistics, Malaysia’. An adjustment factor has not been utilised in the compilation of the indices. The base year that is currently in use is 2000.
3. The April, 2007 data are provisional. The data would be updated based on the latest available figures and would be published in the May, 2007 publication.
4. This report can be accessed through the homepage of the Department of Statistics, Malaysia (http://www.statistics.gov.my/) under section: Latest Releases |
