Manufacturing industry capacity utilisation hits 80.8%

Chief statistician Mohd Uzir said the higher capacity rate led to a 2.1% year-on-year increase in the Industrial Production Index for the manufacturing industry in the first quarter.

KUALA LUMPUR: The manufacturing industry operated at 80.8% capacity in the first quarter of 2024 (1Q24), up from 79.8% a year ago, according to the Statistics Department.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the higher capacity rate led to a 2.1% year-on-year (y-o-y) increase in the Industrial Production Index (IPI) for the manufacturing industry during the quarter.