Producer prices in Malaysia rose 2.7 percent year-on-year in February of 2021, after edging down 0.1 percent in the previous month. This was the first increase in producer prices since February last year, due to a faster rise in prices of agriculture, forestry & fishing (35.0 percent vs 22.6 percent in January), water supply (0.8 percent vs 0.5 percent), and manufacturing (1.5 percent vs 1.1 percent), while prices of mining fell much less (-11.0 percent vs -28.3 percent). On the other hand, prices of electricity & gas supply continued to drop (-1.9 percent vs -1.9 percent). On a monthly basis, producer prices were up 1.5 percent in February, following a 2.0 percent growth in January. 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 April of 2021.
Producer Prices Change in Malaysia is expected to be 8.50 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 8.00 in 12 months time. In the long-term, the Malaysia Producer Prices Change is projected to trend around 2.50 percent in 2022, according to our econometric models.