Producer prices in Malaysia declined by 3.0 percent year-on-year in November 2020, after a 3.6 percent fall the previous month. This was the ninth straight month of decrease in producer prices but the softest since August, with cost falling further for manufacturing (-0.1 percent vs -1.1 percent), mining (-45.8 percent vs -43.5), and electricity & gas supply (-0.2 percent vs -1.2 percent). Meanwhile, prices rose for both agriculture, forestry & fishing (21.5 percent vs 21.0 percent) and water supply (0.9 percent vs 1.0 percent). On a monthly basis, producer prices went up 2 percent in November, after a 0.1 percent gain in October. 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 January of 2021.
Producer Prices Change in Malaysia is expected to be -3.90 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 4.00 in 12 months time. In the long-term, the Malaysia Producer Prices Change is projected to trend around 2.50 percent in 2021, according to our econometric models.