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Malaysia's manufacturing sales grow 24.4 pct in August

KUALA LUMPUR
2022-10-12 15:54

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KUALA LUMPUR, Oct. 12 (Xinhua) -- Malaysia's manufacturing sales value in August grew 24.2 percent to 157.4 billion ringgit (33.6 billion U.S. dollars) from a year ago, official data showed Wednesday.

The growth in sales value for the month was driven by electrical and electronics products subsector which surged 25.8 percent; petroleum, chemical, rubber and plastic products subsector that soared 27.6 percent; food, beverages and tobacco products subsector which jumped 18.4 percent, the Department of Statistics Malaysia (DOSM) said in a statement.

Based on a month-on-month basis, the total sales value rose by 5.9 percent.

For the period January to August, the manufacturing sales value increased by 17.4 percent year-on-year to 1.16 trillion ringgit (248 billion U.S. dollars).
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