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Malaysian Manufacturing Sales Decrease In June

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Malaysia's manufacturing sales value decreased 25.5% on a yearly basis in June compared to a revised 25.6% fall in the preceding month, the Department of Statistics said Tuesday.

The number of employees in the manufacturing sector fell 7.8% year-on-year in June, and salaries and wages dropped 6.9%. Productivity of labor was down 19.2%.

Month-on-month, the sales value rose 6.7% in June to MYR39.3 billion from MYR36.8 billion in the preceding month. The number of employees rose 0.2% , salaries and wages climbed 2% and productivity increased 6.5%.

In the first six months of the year, the sales value of the manufacturing sector fell 25.9% compared with the corresponding period of last year.

(Market News Provided by RTTNews)

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