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Local Production
The Producer Price Index (PPI) for local production measures the average change in the prices of commodities charged by domestic producers of an industry in a reference month compared with the base year.
Producer Price Index (2010=100) By Sector (MSIC 2008)
Year-on-year comparison showed that the PPI for local production fell 2.8 per cent in April 2016. The highest drop was recorded by Mining index (-29.6%), followed by Electricity & gas (-3.8%) and Manufacturing (-1.3%). Meanwhile, the index for Agriculture, forestry & fishing and Water supply showed an increase of 15.0 per cent and 6.7 per cent respectively. [Table I]
The PPI for local production inclined by 0.5 per cent in April 2016 as compared to March 2016. This was due to increases in Agriculture, forestry & fishing (+2.8%), Water supply (+2.1%) and Manufacturing (+0.3%). Meanwhile, the index for Electricity & gas decreased (-1.1%) and index for Mining remained unchanged.
Table I: Producer Price Index (2010=100) Local Production By Sector (MSIC 2008), Malaysia
Chart I: Producer Price Index (2010=100) Local Production By Sector, 2011-2016
Producer Price Index By Stage of Processing
The PPI for local production by stage of processing (SOP) inclined by 0.5 per cent in April 2016 compared to the previous month. This inclination was due to an increase in Crude materials for further processing (+1.0%) and Intermediate materials, supplies and components (+ 0.6%). However, Finished goods remained unchanged. [Table II]
As compared with the same month a year ago, the PPI for local production by SOP for April 2016 dropped by 2.8 per cent. This was due to decreases in index for Crude materials for further processing (-4.4%), followed by index for Intermediate materials, supplies and components (-3.8%). However, index for Finished goods increased by 0.6 per cent.
Table II: Producer Price Index (2010-100), Local Production by Stage of Processing
Chart II: Producer Price Index (2010-100), Local Productions By Stage of Processing
RELEASED BY:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
31 MAY 2016
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Ho Mei Kei
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Department of Statistics, Malaysia
Tel : +603-8885 7942
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Email : mkho[at]stats.gov.my
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