Manufacturing industry capacity utilisation reaches 80.8% in 1Q

: The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 , up from 79.8 per cent a year ago, according to the Department of Statistics Malaysia .

“The increased capacity utilisation rate in 1Q 2024 was driven by performance in January and March , both exceeding the 80 per cent mark, while February 2024 stood at 79.8 per cent,“ he said in a statement. Meanwhile, domestic-oriented industries expanded significantly to a capacity utilisation rate of 83.7 per cent in 1Q 2024, up by 2.8 percentage points compared to the same quarter the previous year.

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