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Producer Price Index Malaysia October 2016

IB Insights
By IB Insights
7 years ago
Producer Price Index Malaysia October 2016

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  1. EMBARGO : Only to be published or disseminated at 1200 hours, Wednesday, 30 November 2016 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE PRODUCER PRICE INDEX MALAYSIA OCTOBER 2016
  2. Producer Price Index (2010=100) by Sector (MSIC 2008) Year-on-year comparison showed that the Producer Price Index (PPI) for local production went up at a slower pace of 0.1 per cent in October 2016. The highest increase was recorded by Agriculture, forestry & fishing index (+16.9%) followed by Electricity & gas (+2.1%) and Water supply (+1.5%). In contrast, the index for Mining and Manufacturing decreased by 6.1 per cent and 0.9 per cent respectively. [Table I] The PPI for local production inclined by 0.7 per cent in October 2016 compared to September 2016. This was due to increases in four sectors namely, Mining (+10.2%), Electricity & gas (+0.8%), Manufacturing (+0.5%) and Water supply (+0.3%). However, the index for Agriculture, forestry & fishing recorded a decrease of 4.1 per cent.
  3. The PPI for local production by stage of processing (SOP) inclined by 0.7 per cent in October 2016 compared to the previous month. This inclination was due to increases in the indices for Crude materials for further processing (+1.5%) and Intermediate materials, supplies and components (+0.8%). Meanwhile, the index for Finished goods remained unchanged. [Table II] As compared with the same month a year ago, the PPI for local production by SOP for October 2016 increased by 0.1 per cent. This was due to an increase in index for Crude materials for further processing (+6.6%). However, index for Intermediate materials, supplies and components decreased by 2.0 per cent, while the index for Finished goods remained unchanged. Released By: THE OFFICE OF CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA 30 November 2016 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