Malaysia's manufacturing sales up 13.2 pct in April-Xinhua

Malaysia's manufacturing sales up 13.2 pct in April

Source: Xinhua| 2022-06-10 21:46:14|Editor: huaxia

KUALA LUMPUR, June 10 (Xinhua) -- Malaysia's manufacturing sales value in April grew 13.2 percent to 147.9 billion ringgit (about 33.61 billion U.S. dollars) from a year ago, official data showed Friday.

The sales value increased by 2.3 percent as against the previous month, the Department of Statistics Malaysia (DOSM) said in a statement.

According to the DOSM, the growth in sales value for April was driven by the electrical and electronics products subsector which surged 21.9 percent, underpinned by the manufacture of computer, electronic and optical products industries.

The expansion was also attributed to the food, beverages and tobacco products subsector that rose 14.9 percent, supported by the manufacture of food products industries.

Petroleum, chemical, rubber and plastic products subsector also climbed 6.7 percent, driven mainly by the manufacture of coke and refined petroleum products industries.

Meanwhile, sales value for export-oriented industries, which accounted for 72.4 percent of the total sales value, rose 14.5 percent.

For the period of January to April, the sales value of the manufacturing sector expanded 12.9 percent to 563.2 billion ringgit as compared to the same period in 2021.