Producer prices in Malaysia rose 6.7 percent year-on-year in March of 2021, after gaining 2.7 percent in the previous month. This was the second straight month of increase in producer prices and the steepest pace since August 2017. amid a faster rise in prices of both agriculture, forestry & fishing (41.1 percent vs 35 percent in February), manufacturing (2.2 percent vs 1.2 percent). In contrast, there were falls in cost of mining (-32 percent vs -11 percent), electricity & gas supply (-1.4 percent vs -1.9 percent), and water supply (-0.1 percent vs 0.8 percent). On a monthly basis, producer prices were up 0.7 percent in March, following a 1.5 percent growth in February. 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 May 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.