KUALA LUMPUR, Mar 28 (NNN-BERNAMA) – Malaysia’s producer price index (PPI), which measures the prices of goods at factory gate, slipped to a negative growth of 0.8 percent in Feb against 1.3 percent in Jan, official data showed, yesterday.<\/p>\n\n\n\n
The Department of Statistics Malaysia (DOSM), said in a statement that, this is the first negative rate recorded since Jan, 2021, due to base effect and lower prices of primary commodities.<\/p>\n\n\n\n
According to the DOSM, the downward trend was primarily due to the decrease in agriculture, forestry and fishing and mining sectors.<\/p>\n\n\n\n
Agriculture, forestry and fishing index decreased by 26.1 percent, with fresh fruit bunches index plunged 40.5 percent in Feb.<\/p>\n\n\n\n
At the same time, the mining index fell 6.5 percent, mainly due to a drop of extraction of crude petroleum index at 16.1 percent.<\/p>\n\n\n\n
Meanwhile, the manufacturing index increased by three percent in Feb, moderating from 4.5 percent in the previous month, as a result of the increase of manufacture of computer, electronic and optical products index.<\/p>\n\n\n\n
Whereas for utility sector, water supply, as well as, electricity and gas supply, indices edged up 3.7 percent and 1.0 percent, respectively.<\/p>\n\n\n\n
On a monthly basis, the PPI for local production declined 0.2 percent in Feb, as compared to a negative growth of 0.8 percent in the previous month.– NNN-BERNAMA <\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Mar 28 (NNN-BERNAMA) – Malaysia’s producer price index (PPI), which measures the prices of goods at factory gate, slipped to a negative growth of 0.8 percent in Feb against 1.3 percent in Jan, official data showed, yesterday. The Department of Statistics Malaysia (DOSM), said in a statement that, this is the first negative […]<\/p>\n","protected":false},"author":10,"featured_media":216348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216346"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=216346"}],"version-history":[{"count":2,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216346\/revisions"}],"predecessor-version":[{"id":216349,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216346\/revisions\/216349"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/216348"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=216346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=216346"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=216346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}