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Malaysia's PPI down 2.4 pct in October

0 Comment(s)Print E-mail Xinhua, November 27, 2024
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KUALA LUMPUR, Nov. 27 (Xinhua) -- Malaysia's producer price index, which measures the price changes of goods at the producer level, continued to decrease by 2.4 percent in October, official data showed Wednesday.

The Department of Statistics Malaysia (DOSM) said in a statement that the decrease was mainly attributed to the mining sector, which went down by 17.3 percent.

The index of crude oil extraction declined by 21.7 percent, while the index of natural gas extraction inched down by 1.7 percent.

Apart from that, the manufacturing sector also decreased by 2.6 percent. The agriculture, forestry and fishing sector went up by 13.8 percent.

For the utility sector, the water supply index increased by 6.9 percent, while the electricity and gas supply index edged up by 0.8 percent.

On a monthly basis, the producer price index decreased by 0.7 percent in October. Enditem

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