Manufacturing sales value down 3.3% to RM152.3bil in August 2023 - DoSM

KUALA LUMPUR: Malaysia's manufacturing sector saw its sales value fall 3.3 per cent year-on-year (y-o-y) to RM152.3 billion in August 2023, mainly due to the petroleum chemical, rubber and plastic sub-sector which shrank 12.1 per cent, said the Department of Statistics Malaysia (DoSM).

In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said the decline in August was also attributable to the contraction in the food, beverages and tobacco sub-sector by 6.6 per cent and the wood, furniture, paper products and printing sub-sector by 0.1 per cent.