Producer prices in Malaysia advanced 0.9 percent year-on-year in February 2020, easing from a 2.8 percent growth in the previous month. This was the weakest rise in producer prices since a decline in October last year, as prices increased at a softer rate for both agriculture, forestry & fishing (9.2 percent vs 18 percent in January) and manufacturing (0.8 percent vs 0.9 percent). In addition, cost fell for both mining (-5.2 percent vs 9.2 percent) and water supply (-0.8 percent vs -1.2 percent). Meanwhile, prices of electricity & gas supply grew faster (1.6 percent vs 1 percent). On a monthly basis, producer prices fell 1.3 percent in February, after a 0.1 percent drop in January.
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 April of 2020. source: Department of Statistics, Malaysia
Producer Prices Change in Malaysia is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Malaysia to stand at 2.20 in 12 months time. In the long-term, the Malaysia Producer Prices Change is projected to trend around 2.20 percent in 2021 and 2.50 percent in 2022, according to our econometric models.