Producer prices in Malaysia rose by 11.9 percent year-on-year in May of 2021, accelerating from a 10.6 percent gain a month earlier. This was the fourth straight month of producer inflation and the highest since October 2011, as cost went up faster for agriculture, forestry & fishing (60.0 percent vs 49.8 percent in April), manufacturing (5.0 percent vs 3.5 percent) and water supply (1.5 percent vs 1.2 percent), while cost of electricity & gas supply rebounded (0.1 percent vs -0.8 percent). Meantime, cost of mining continued to rise (68.5 percent vs 92.4 percent). On a monthly basis, producer prices increased 1.0 percent in May, following a 0.8 percent gain in April. 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 July 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.