According to the Department of Statistics Malaysia, the country’s manufacturing sales plunged 33.0 per cent year-on-year to RM75.8 billion in April 2020 compared to RM113.1 billion reported a year ago. ― Picture by Choo Choy May
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said month-on-month, the sector’s sales value went down by 31.2 per cent , while in seasonally adjusted terms, the sales value registered a decrease of 29.5 per cent. Mohd Uzir attributed the decline to the closure of business operations during the Movement Control Order due to the Covid-19 pandemic.
He added that the non-essential services industry also registered a significant decline in growth, as the capacity utilisation of factories fell below 50 per cent.
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