SALES VALUE OF MANUFACTURING SECTOR IN AUGUST UP 10.8 PCT

KUALA LUMPUR, Oct 11 (Bernama) -- The sales value of the manufacturing sector in August saw a double-digit growth of 10.8 per cent to RM49.8 billion against the RM45 billion recorded in the same month last year. (US$1=RM3.2)

The year-on-year growth in sales value was generated by sales growth in 79 industries out of the 115 covered in the survey, the Department of Statistics Malaysia said in a statment on Tuesday.

As compared with July, the sales value in August perked 0.2 per cent or RM80.3 million, it added.

The department said the sales value in July 2011 was revised to 9.5 per cent from 10.8 per cent previously, to record RM49.7 billion.

In August, the five major industries which recorded a significant sales increase were the manufacture of refined petroleum products (44.4 per cent), manufacture of other basic industrial chemicals except fertilisers and nitrogen compounds (30.6 per cent), the manufacture of semi-conductor devices (13.6 per cent),rubber remilling and latex processing (35.5 per cent) and the manufacture of basic iron and steel products (15 per cent).

The sales value between January and August 2011 in the manufacturing sector recorded a double-digit growth of 10.6 per cent to RM390.2 billion.
-- BERNAMA