Malaysia's manufacturing sales up 6.5 pct in Q3-Xinhua

Malaysia's manufacturing sales up 6.5 pct in Q3

Source: Xinhua

Editor: huaxia

2024-11-09 10:39:15

An Ora Good Cat electric vehicle is displayed at a showroom in Kuala Lumpur, Malaysia, Feb. 17, 2023. (Photo by Chong Voon Chung/Xinhua)

KUALA LUMPUR, Nov. 9 (Xinhua) -- Malaysia's manufacturing sales rose 6.5 percent year-on-year to 483.2 billion ringgit (110.28 billion U.S. dollars) in the third quarter, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that the increase was primarily attributable to the food, beverages and tobacco sub-sector which grew 12.3 percent and electrical and electronics products sub-sectors that increased 8.1 percent.

Meanwhile, manufacturing sector sales value was registered at 162.3 billion ringgit, rising 2.9 percent year-on-year in September. The rise was primarily driven by the electrical and electronics products sub-sector which grew 5.8 percent.

Throughout the first nine months this year, the sales value of the manufacturing sector reached 1.41 trillion ringgit which increased 4.6 percent year-on-year. (1 ringgit equals 0.23 U.S. dollars)

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