Stats Dept: Manufacturing industry capacity utilisation reaches 80.8pc in 1Q

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Malaysia Manufacturing Sector News

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KUALA LUMPUR, May 21 ― The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 (1Q 2024), up from 79.8 per cent a year ago, according to the...

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Chief statistician Datuk Seri Mohd Uzir Mahidin said the higher capacity rate led to a 2.1 per cent year-on-year increase in the Industrial Production Index for the manufacturing industry during the quarter. Mohd Uzir added that capacity utilisation in export-oriented industries experienced an upward trend during the quarter, rising by 0.1 percentage points y-o-y to 79.4 per cent.

“Nearly all states witnessed a y-o-y increase in capacity utilisation, except for Kedah, Kelantan, Melaka, Sarawak, Kuala Lumpur and Putrajaya.

 

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