KUALA LUMPUR: Malaysia's Producer Price Index (PPI) for local production slipped 2.8 per cent year-on-year (y-o-y) in August 2020 to 101.7 compared with 104.6 in the same month last year.
In a statement, the Department of Statistics Malaysia’s (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the decrease in the overall index to the decline in the mining index (-33.7 per cent y-o-y), electricity and gas supply (-1.9 per cent y-o-y) and manufacturing (-0.9 per cent y-o-y).
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