Malaysia's producer price index grows 1.6 pct in June-Xinhua

Malaysia's producer price index grows 1.6 pct in June

Source: Xinhua| 2024-07-29 22:36:01|Editor: huaxia

KUALA LUMPUR, July 29 (Xinhua) -- Malaysia's producer price index (PPI), which measures the price changes of goods at the producer level, grew 1.6 percent in June from 1.4 percent in the previous month, official data showed Monday.

The Department of Statistics Malaysia (DOSM) said in a statement that all sectors in the PPI for local production recorded an increase since March 2024.

The mining sector went up by 4.6 percent, while the agriculture, forestry and fishing sector climbed to 3.4 percent from 1.3 percent in the previous month.

Meanwhile, the manufacturing sector increased by 1.1 percent.

For the utility sector, the water supply index rose 7.8 percent, while the electricity and gas supply index increased by 1 percent.

On a monthly basis, the PPI for local production slipped 0.1 percent in June.

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