Producer prices in Malaysia dropped by 3.6 percent year-on-year in October 2020, the eighth straight month of decrease, after a 3.9 percent fall in the previous month. Cost declined further for mining (-43.5 percent vs -33.2 in September), manufacturing (-1.1 percent vs -1.3 percent), and electricity & gas supply (-1.2 percent vs -0.9 percent). Meanwhile, prices rose faster for agriculture, forestry & fishing (21.0 percent vs 19.3 percent), while water supply inflation was steady (at 1 percent). On a monthly basis, producer prices edged up 0.1 percent in October, after a 0.5 percent fall in September. 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 December of 2020.
Producer Prices Change in Malaysia is expected to be -2.30 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 5.50 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.