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Producer Price Index Malaysia January 2020

Release Date : Thursday 27, February 2020 1200

 

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

The Producer Price Index (PPI) local production rose 2.8 per cent in January 2020 to 107.3 as against 104.4 in the same month of the preceding year. The increase in the overall index was driven by the index of Agriculture, forestry & fishing (18.0%), Mining (9.2%), Electricity & gas supply (1.0%) and Manufacturing (0.9%). In contrast, the index of Water supply recorded a decline of 1.2 per cent.

On a monthly basis, the PPI local production registered a marginal decline of 0.1 per cent in January 2020. The decrease was attributed by the decline in the index of Mining with 6.8 per cent. Conversely, the sectors which increased during this month were Agriculture, forestry & fishing (3.8%), Manufacturing (0.4%) and Electricity & gas supply (0.1%). Meanwhile, the index for Water supply was unchanged. [Table 1]

 

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

 

PRODUCER PRICE INDEX BY STAGE OF PROCESSING

As compared with the same month a year ago, the PPI for local production by stage of processing (SOP) for January 2020 increased 2.8 per cent. The increase were for all stages of processing that is Crude materials for further processing (10.7%), Intermediate materials, supplies & components (1.0%) and Finished goods (0.8%).

As compared to the previous month, the PPI local production by SOP in January 2020 fell 0.1 per cent. The decline was attributed by the negative changes of index for Crude materials for further processing (-1.0%) and Finished goods (-0.3%). On the other hand, the index of Intermediate materials, supplies & components moved up 0.4 per cent.  [Table 2]

 

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

27th February 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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