Producer prices in Malaysia increased by 11.5 percent year-on-year in June of 2021, slowing from an 11.9 percent gain a month earlier, due to a softer rise in prices of both agriculture, forestry & fishing (29.8 percent vs 60.0 percent) and mining (64.4 percent vs 68.5 percent), amid stricter lockdown measures to contain the spread of the coronavirus. In addition, cost of electricity & gas supply fell (-0.2 percent vs 0.1 percent in May). Meanwhile, prices continued to rise for both manufacturing (6.7 percent vs 5.0 percent) and water supply (1.6 percent vs 1.5 percent). On a monthly basis, producer prices were up 0.2 percent in June, easing from a 1.0 percent gain in May. source: Department of Statistics, Malaysia
Producer Prices Change in Malaysia averaged 2.86 percent from 2002 until 2016, reaching an all time high of 22.50 percent in June of 2008 and a record low of -18.20 percent in July of 2009. This page provides - Malaysia Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Producer Prices Change in Malaysia is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Malaysia to stand at 8.00 in 12 months time. In the long-term, the Malaysia Producer Prices Change is projected to trend around 2.50 percent in 2022, according to our econometric models.