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Manufacturing sector is the major component covered in the PPI
The Producer Price Index in 2020 decreased 2.7%
Consumer Price Index fell 1.2% in 2020
Almost 1/3 of CPI weight contributed by Food & Non-Alcoholic Beverages

Producer Price Index Malaysia October 2020

Release Date : Monday 30, November 2020 1200

 

PRODUCER PRICE INDEX (2010=100) BY SECTOR (MSIC 2008)

The Producer Price Index (PPI) local production decreased 3.6 per cent in October 2020 to 101.3 as against 105.1 in the same month of the preceding year.  The decrease in the overall index was driven by the index of Mining (-43.5%), Electricity & gas supply (-1.2%), and Manufacturing (-1.1%).  In contrast, the index of Agriculture, forestry & fishing and Water supply increased 21.0 per cent and 1.0 per cent respectively.

On a monthly basis, the PPI local production registered a marginal increase of 0.1 per cent in October 2020.  The marginal increase was attributed by the incline in the index of Agriculture, forestry & fishing 1.1 per cent and Manufacturing 0.3 per cent. Meanwhile, the index of Mining and Electricity & gas supply slipped to negative 3.1 per cent and 0.4 per cent respectively. Water supply remained unchanged. PPI local production for the period of January to October 2020 decreased 2.7 per cent as compared to negative 2.6 per cent in the same period of the previous year.

 

Table 1 : Producer Price Index (2010=100) Local Production by Sector (MSIC 2008), Malaysia

 

PRODUCER PRICE INDEX BY STAGE OF PROCESSING

As compared to the same month a year ago, all stages of processing decreased. Crude materials for further processing slipped by 13.2 per cent followed by Intermediate materials, supplies & components 1.6 per cent and Finished goods 0.8 per cent.

On a monthly comparison, Crude materials for further processing showed a decline of 1.7 per cent. However, Intermediate materials, supplies & components index rose 0.8 per cent and Finished goods remained unchanged.

 

Table 2 : Producer Price Index (2010=100) Local Production by Stage of Processing

 

Released by:

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

30 November 2020

 

Contact person:

Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : yusrizal.razak[at]dosm.gov.my

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