Malaysia's Aug. producer price index down 2.8 pct

2020-09-30 14:12

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KUALA LUMPUR, Sept. 30 (Xinhua) -- Malaysia's producer price index for local production declined by 2.8 percent year on year in August, official data showed Wednesday.

Malaysian Statistics Department said in a statement that the decrease in the overall index was attributed to the decline in mining, electricity and gas supply, as well as manufacturing.

On a monthly basis, the producer price index rose 1 percent in August.

For the period of January to August, the producer price index fell 2.4 percent year on year.
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