Manufacturing sales value declined to RM145bil in April

KUALA LUMPUR: The manufacturing sector sales value declined by two per cent year-on-year (y-o-y) to RM145 billion in April 2023, the lowest since May 2020, said the Department of Statistics, Malaysia (DoSM)

DoSM said the decline was influenced mainly by the deterioration in food, beverages and tobacco (12.7 per cent); transport equipment and other manufactures (4.9 per cent); and petroleum, chemical, rubber and plastics (3.1 per cent) sub-sectors.