Producer prices in Malaysia inched down 0.1 percent year-on-year in January of 2021, following a 2.1 percent drop in the previous month. This was the eleventh straight month of decrease in producer prices but the softest pace since the current sequence, with cost falling further for both mining (-28.3 percent vs -40.0 percent in December 2020) and electricity & gas supply (-1.9 percent vs -1.7 percent). Meanwhile, prices increased for agriculture, forestry & fishing (22.6 percent vs 23.5 percent), water supply (0.5 percent vs 0.7 percent), and manufacturing (1.1 percent vs 0.2 percent). On a monthly basis, producer prices were up 2.0 percent in January, after a 1.7 percent gain in December. 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 March of 2021.
Producer Prices Change in Malaysia is expected to be 3.50 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 2.50 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.