Overview - MPC
Overview - MPC
Overview - MPC
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2009<br />
Productivity Performance<br />
• The services sector registered a<br />
productivity growth of 1.7% to RM57,090<br />
in 2009 (Figure 3.3 and Figure 3.4). The<br />
growth would be higher if not for global<br />
economic slowdown that impeded the<br />
projected productivity growth.<br />
Figure 3.3: Productivity Level<br />
CHAPTER 3<br />
• Finance sub-sector recorded a<br />
productivity growth of 3.2% to<br />
RM128,280. Expansion of consumer<br />
credit activities, efficiency measures<br />
and creative financial products had<br />
contributed to improve performance.<br />
• Trade sub-sector achieved a<br />
productivity level of RM40,360 in<br />
2009, attaining a slight growth of<br />
0.8%. The accommodation and<br />
restaurant business benefited from<br />
increased arrival of tourists. There<br />
was less contribution from the<br />
distributive trade and sale of motor<br />
vehicles.<br />
Computed from:<br />
- Economic Reports, Ministry of Finance, Malaysia<br />
- Economic Planning Unit, Malaysia<br />
Figure 3.4: Productivity Growth<br />
• Transport sub-sector recorded a<br />
productivity growth of 1.3% to<br />
RM71,510 in 2009. The sub-sector<br />
recovered in the third quarter of 2009<br />
from a slower demand of cargo activities<br />
in the previous quarters as a result<br />
of slower pace in international trade.<br />
Productivity of communication industry<br />
has shown positive performance due to<br />
better product offerings such as cellular,<br />
broadband and third generation (3G)<br />
services.<br />
Computed from:<br />
- Economic Reports, Ministry of Finance, Malaysia<br />
- Economic Planning Unit, Malaysia<br />
PRODUCTIVITY REPORT 2009 39