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April Manufacturing Sales Up 7.7 Pct To Rm53.2 Bln
Last update: 11/06/2014

(correcting sixth para to read negative instead of positive)
KUALA LUMPUR, June 11 (Bernama) -- The sales value for the manufacturing
sector in April 2014 rose by 7.7 per cent (RM3.8 billion) to RM53.2 billion
from the RM49.4 billion reported a year ago.
On a month-on-month basis, however, the sales value decreased by 4.8 per
cent (RM2.7 billion) compared with the preceding month of RM55.9 billion, said
the Department of Statistics Malaysia here today.
"On a seasonally-adjusted month-on-month basis, the sales value in April
2014 increased by 0.3 per cent," it added.
The department said the total number of employees engaged in the
manufacturing sector in April was 1.026 million persons, an increase of 0.2 per
cent compared with the preceding month.
Meanwhile, on a year-on-year basis, the number of employees increased by 0.3
per cent (3,183 persons) compared with 1.023 million persons in the same month
last year.
The department said total employees in March 2014 had been revised negative
0.02 per cent year-on-year to record 1.025 million persons.
On a month-on-month basis, salaries and wages paid in April 2014 shrank by
1.4 per cent (RM40.1 million) to register RM2.85 billion.
The total amount paid in April 2014 increased by 7.1 per cent (RM189.9
million) compared with the corresponding month of the previous year.
Salaries and wages paid in March 2014 had been revised positive 4.4 per cent
year-on-year to record RM2.89 billion. -- BERNAMA


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100 Yen3.8624/8671
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
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