Malaysia's May producer prices up 8% on year
KUALA LUMPUR (June 30): Malaysia's producer price index (PPI) rose 8% from a year earlier, led by costlier mining-related inputs.
In a statement today, the Statistics Department said the PPI's mining and manufacturing segments rose 16.9% and 7.6% respectively. The agriculture, forestry and fishing segment climbed 6.4%, the department said.
According to the department, the PPI's electricity and gas supply segment rose 3% while the water supply portion was up 0.3%.
In monthly terms, May PPI, however, fell 0.2% from the preceding month, the department said.
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