Manufacturing at 79.8% capacity

The manufacturing industry operated at 79.4% capacity utilisation in 3Q23.

KUALA LUMPUR: The manufacturing industry operated at 79.8% capacity in the fourth quarter of 2023 (4Q23), edged down by 0.4 percentage points, from a rate of 80.2% in 4Q22, according to the Statistics Department.

In a statement yesterday, chief statistician Datuk Seri Mohd Uzir Mahidin said a lower capacity utilisation of the manufacturing industry was primarily attributable to decreases in the sub-sector of petroleum, chemical, rubber and plastic products; and electrical and electronic products.

The manufacturing industry operated at 79.4% capacity utilisation in 3Q23, down 1.9 percentage points year-on-year while expanding every quarter. — Bernama