Overview

Producer Price Index (2010=100) by Sector (MSIC 2008)

The Producer Price Index (PPI) for local production rose by 0.3 per cent on a year -on- year basis in December 2017, 4.0 points lower compared to 4.3 per cent in November 2017.  Among the sectors which showed increases during this period were Mining (+8.9%), Manufacturing (+1.1%).  Meanwhile, the index recorded decreases for sector namely Agriculture, forestry & fishing (-13.8%), Water supply (-0.4%) and Electricity & gas supply (-0.2%).

On a monthly basis, PPI for local production decreased by 0.5 per cent in December 2017. This was due to decreases in four sectors namely Agriculture, forestry & fishing (-5.3%), Mining (-0.6%), Electricity & gas supply and Water supply for both registered a decreased 0.3 per cent. Meanwhile, the index for Manufacturing registered an increase of 0.1 per cent. [Table I].

During January until December 2017, the average PPI for local production increased by 6.7  per cent as compared to the same period in 2016. This was due to the increases in index for four sectors, that is Mining (+24.7%), Agriculture, forestry & fishing (+7.0%), Manufacturing (+5.3%) and  Electricity & gas supply (+1.9%). On the other hand, Water supply down 0.1 percent.

The PPI for local production by stage of processing (SOP) decreased 0.5 per cent in December 2017. This was due to decreases in the indices for Crude materials for further processing (-2.4%) and Finished goods remained unchanged. Meanwhile, Intermediate materials, supplies and components increased by 0.1 per cent.

As compared with the same month a year ago, the PPI for local production by SOP for December 2017 increased 0.3 per cent. The increases were fuelled by the index for Intermediate materials, supplies and components (+0.9%) and Finished goods (+0.1%). However, the index for Crude materials for further processing declined 1.3 percent.

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA

30 January 2018
 

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