Malaysia Producer Prices Post Sharpest Gain Since 2022

2026-06-29 04:06 By Farida Husna 1 min. read

Malaysia’s producer prices rose 7.8% yoy in May 2026, accelerating from a 5.4% growth in the prior month and marking the third straight month of gain.

It was also the fastest increase since June 2022, with producer-level cost pressures mounting amid persistent disruptions linked to the Middle East conflict.

Manufacturing prices gained at a steeper rate (3.5% vs 1.1% in April), reflecting higher costs of coke & refined petroleum products (12.3%) and computer, electronic & optical products (5.7%).

The mining sector continued to grow solidly (52.6% vs 53.4%), lifted by a solid rise in crude petroleum extraction (74.5%).

Further, the agriculture sector picked up (8.9% vs 2.7%), boosted by fishing (8.9%) and perennial crops (11.0%).

Utilities also contributed to the upside, with the water supply index staying elevated (10.0% vs 10.8%), while electricity and gas quickened (11.2% vs 10.8%).

On a monthly basis, producer prices increased 1.1%, slowing sharply from April's 3.2% rise.



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