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). The increase in the Manufacturing sector was driven by the higher indices registered by the Refined Petroleum Products and Basic Chemicals Groups. 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. 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).
For the first four months of this year, the IPI edged up 0.2% to 130.8 as against 130.5 registered in the previous corresponding period. The Electricity index rose 3.8% (153.6 from 148.0) and the Manufacturing index 0.4% (135.0 from 134.5). However, the Mining index stood at 112.3, 1.6% lower than the index of 114.1 reported for the same period of 2006.
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* 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. These commodities are obtained from the manufacturing, mining and electricity sectors.
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.
3. These figures are preliminary and details will be published in the “INDEX OF INDUSTRIAL PRODUCTION, MALAYSIA” on June 12, 2007 (1201 hours).
4. The April, 2007 data are not fully validated.
5. This report can be accessed through the homepage of the Department of Statistics, Malaysia (http://www.statistics.gov.my/) under Section: Latest Releases.
Source: Department of Statistics Malaysia |
