Malaysia's March producer price index falls 1.5 pct year-on-year

2019-04-30 13:58

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KUALA LUMPUR, April 30 (Xinhua) -- Malaysia's producer price index for local production dropped 1.5 percent year-on-year in March, mainly dragged by agriculture, forestry and fishing, official data showed Tuesday.

Malaysia's Statistics Department said in a statement that agriculture, forestry and fishing dropped 14.2 percent, water supply declined 1.7 percent and manufacturing decreased 0.8 percent.

The index of the mining as well as electricity and gas supply increased 3 percent and 2.1 percent, respectively.

Compared to the previous month, the producer price index for local production dropped 0.3 percent, due to the decline in agriculture, forestry and fishing of 5.8 percent.

However, the index of four sectors increased, with electricity and gas supply rising 2.1 percent, mining climbing 0.5 percent, water supply increasing 0.2 and manufacturing rising 0.1 percent.

For the period of January to March, the producer price index for local production decreased 2.2 percent year-on-year. Enditem
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