Producer prices in Malaysia jumped 13.2 percent year-on-year in October of 2021, after a 12.3 percent rise a month earlier. This was the seventh straight month of a double-digit increase in producer inflation and the highest since September 2011, amid a surge in commodity prices. Cost of manufacturing rose faster (7.9 percent vs 7.7 percent in September) on the back of a sharp pickup in prices of mining (82.9 percent vs 68.1 percent) and a strong rebound in those of electricity & gas supply (0.7 percent vs -0.2 percent). In addition, prices of water supply fell slightly less (-0.7 percent vs -0.8 percent). At the same time, prices of agriculture, forestry & fishing were unchanged (at 24.8 percent). On a monthly basis, producer prices advanced by 1.0 percent in October, accelerating from an upwardly revised 0.4 percent gain in September. 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 December of 2021.
Producer Prices Change in Malaysia is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Producer Prices Change is projected to trend around 2.00 percent in 2022 and 2.50 percent in 2023, according to our econometric models.