Malaysia's producer price index (PPI) edged up 0.3% year on year in February, easing from a 0.8% rise in the preceding month, the Department of Statistics Malaysia said Thursday.

The PPI measures the average change in the prices charged by businesses in the manufacturing industry.

The growth was driven by the agriculture, forestry & fishing sector, which expanded 15.2% during the month.

On the other hand, the mining sector shrank 9.7%, while the manufacturing sector declined by a marginal 0.3% during the month, data showed.