Producer Price Index

Overview

 

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

The Producer Price Index (PPI) for local production rose 6.4 per cent on a year on year basis in June 2017. Among the sectors which showed significant increases during this period were Mining (+10.2%), Manufacturing (+6.6%), Agriculture, forestry & fishing (+5.0%) and Electricity & gas supply (+0.8%). However, index for Water supply decreased (-0.7%).

On a monthly basis, PPI for local production declined by 1.1 per cent in June 2017 compared to May 2017. This was due to decreases in four sectors namely, Mining (-5.2%), Agriculture, forestry & fishing (-2.3%), Manufacturing (-0.5%) and Water supply (-0.3%). However, Electricity & gas supply remained unchanged.[Table I]

 

 

The PPI for local production by stage of processing (SOP) declined 1.1 per cent in June 2017 compared to the previous month. This decline was due to decreases in the index for Crude materials for further processing (-4.1%), intermediate materials, supplies and components (-0.5%) and Finished goods (-0.1%).

As compared with the same month a year ago, the PPI for local production by SOP for June 2017 increased 6.4 per cent. The increases were propelled by the index for Intermediate materials, supplies and components (+9.9%), Crude materials for further processing (+4.0%), and Finished goods (+1.3%). [Table II]

 

 

Released By:

DR. MOHD UZIR MAHIDIN

CHIEF STATISTICIAN MALAYSIA

DEPARTMENT OF STATISTICS, MALAYSIA

31 July 2017

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my

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