Stats Dept: Manufacturing sector’s sales value up by 6.5pc to RM148b in Jan

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Stats Dept: Manufacturing sector’s sales value up by 6.5pc to RM148b in Jan
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KUALA LUMPUR, March 13 — Malaysia’s manufacturing sector’s sales value rose modestly by 6.5 per cent to RM148 billion in January 2023 compared to 8.8 per cent in the...

KUALA LUMPUR, March 13 — Malaysia’s manufacturing sector’s sales value rose modestly by 6.5 per cent to RM148 billion in January 2023 compared to 8.8 per cent in the preceding month, said the Department of Statistics Malaysia .

He said the sales value of export-oriented industries which contributed 71.3 per cent of total sales, posted a slower growth of 6.9 per cent in January against 9.2 per cent in December 2022. “In comparison with the previous month, sales value for export-oriented industries continued to decline for four consecutive months, registering a negative 6.9 per cent in January, while domestic-oriented industries dipped by 1.6 per cent,” he added.

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