KUALA LUMPUR, Sept 26 (NNN-Bernama) —\u00a0Malaysia\u2019s producer price index (PPI) declined to\u00a0-1.8 per cent in August 2023, an improvement from July\u2019s -2.3 per cent (June: -4.8 per cent), said the Department of Statistics Malaysia.<\/p>\n\n\n\n
The decline was led by the mining sector, which slipped to -3.8 per cent (July 2023: -10.8 per cent), with the extraction of crude petroleum index posting a -6.5 per cent in August 2023.<\/p>\n\n\n\n
\u201cAt the same time, the manufacturing sector decreased by -2.3 per cent, affected by the drop in manufacture of coke and refined petroleum products (-13.4 per cent) and manufacture of food products (-7.6 per cent) indices,\u201d chief statistician Dr Mohd Uzir Mahidin said in a statement Tuesday.<\/p>\n\n\n\n
He said on a monthly basis, the PPI local production went up by 0.3 per cent in August from 0.2 per cent in July.<\/p>\n\n\n\n
The mining sector increased by 3.9 per cent owing to the extraction of crude petroleum (5.0 per cent) and extraction of natural gas (0.7 per cent) indices.<\/p>\n\n\n\n
The agriculture, forestry and fishing sector edged up by 1.9 per cent with the index of growing perennial crops posting an increase of 5.0 per cent.<\/p>\n\n\n\n
The water supply sector also recorded an increase of 0.2 per cent in this month.<\/p>\n\n\n\n
Meanwhile, the manufacturing sector decreased by negative 0.2 per cent, attributed to the manufacture of refined petroleum products (-1.2 per cent) and the manufacture of vegetable and animal oils and fats (-1.2 per cent) indices.<\/p>\n\n\n\n
The electricity and gas supply sector also declined by negative 0.1 per cent, said Mohd Uzir.<\/p>\n\n\n\n
— NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Sept 26 (NNN-Bernama) —\u00a0Malaysia\u2019s producer price index (PPI) declined to\u00a0-1.8 per cent in August 2023, an improvement from July\u2019s -2.3 per cent (June: -4.8 per cent), said the Department of Statistics Malaysia. The decline was led by the mining sector, which slipped to -3.8 per cent (July 2023: -10.8 per cent), with the […]<\/p>\n","protected":false},"author":30,"featured_media":142360,"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\/238385"}],"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\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=238385"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/238385\/revisions"}],"predecessor-version":[{"id":238389,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/238385\/revisions\/238389"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/142360"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=238385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=238385"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=238385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}