Malaysia's Producer Inflation Edges Up in January

MT Newswires Live
02-27

Malaysia's producer price index (PPI) edged up 0.8% year on year in January, versus a 0.5% 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 16.5% during the month, followed by a 7.6% rise in the water supply sector.

On the other hand, the mining sector shrank 1.3%, data showed.

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