Producer prices in Malaysia increased by 11.2 percent year-on-year in May of 2022, following a 11.0 percent gain a month earlier, amid soaring commodity prices. Cost grew at faster rates for both mining (20.6 percent vs 18.4 percent in April), and manufacturing (10.1 percent vs 9.8 percent), while those of water supply was steady (at 1.2 percent). Meanwhile, cost of agriculture, forestry & fishing grew less (16.7 percent vs 18 percent). By contrast, cost of electricity & gas supply fell by 0.6, reversing from a 0.6 percent rise in April. On a monthly basis, producer prices gained by 1.2 percent in May, accelerating from 0.2 percent in April. 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 June of 2022.
Producer Prices Change in Malaysia is expected to be 12.00 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.