Manufacturing sales grew in March, says DoSM

By SHAZNI ONG / Pic By BERNAMA

The country’s manufacturing sales recorded a 5.7% growth in March this year with a value of RM72.4 billion than RM68.5 billion recorded a year ago, according to the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin (picture) said the growth also resulted in the increasing number of workers in the manufacturing sector. 

“The year-on-year growth registered in sales value in March 2019 was driven (mainly) by the increase in food, beverages and tobacco products (8.8%); petroleum, chemical, rubber and plastic products (8.4%) and transport equipment; and other manufactured products (7.5%).

“Total employees engaged in the manufacturing sector in March 2019 was 1.09 million persons, an increase of 1.8% or 19,644 persons compared to 1.07 million persons in March last year,” he said in a statement last Friday.

Mohd Uzir added that salaries and wages paid amounted to RM4.06 billion, up 5.1% or RM197.1 million in March 2019 versus the same period a year ago.

“Sales value per employee grew by 3.8% to record RM66,539 compared to the same month in 2018. Meanwhile, the average salaries and wages per employee was RM3,733 in March 2019,” he said.

The sales value of the manufacturing sector in the first quarter of the year (1Q19) registered a growth of 6.1% to RM210.6 billion compared to the same quarter last year.

He noted that the number of employees engaged during the period grew by 1.8% to register 1.09 million persons.“(Meanwhile), salaries and wages paid posted an increase of 7% to RM12.2 billion. The sales value per employee rose by 4.1% to record RM193,615,” he said. Separately, the labour force in Malaysia rose by 2.2% in 1Q19 compared to 1Q18, to 15.53 million persons.

Mohd Uzir added that employed persons also recorded an increase of 2.2% in the same period to 15.01 million persons.

“Quarter-on-quarter comparison showed that both the labour force and employed persons increased 0.5% compared to the previous quarter.

“The labour force participation rate in this quarter rose 0.1 percentage points compared to 4Q18 to 68.7%. Hence, another 31.3% of the working-age population were outside the labour force,” he said.

The unemployment rate has remained at 3.3%, while the number of unemployed persons recorded a total of 517,000 persons, an increase of 1.5% compared to the same quarter a year ago.

Mohd Uzir also noted that the labour force was represented by 61% males (9.47 million) and 39% females (6.06 million) in 1Q19.

“The number of labour force for both males and females increased by 50,700 persons and 26,200 persons respectively, compared to 4Q18,” he added.