Stats Dept: Services PPI for 2Q inched up slightly


The main sub-sectors that showed an increase were accommodation and food & beverage service activities.

KUALA LUMPUR: The services producer price index (PPI) to measure the average changes in the prices of services charged by the local services industry in Malaysia edged up slightly in the second quarter of this year, the Statistics Department said.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the services PPI rose by 0.3% to 110.3 as compared to 110.0 a year ago.

The main sub-sectors that showed an increase were accommodation and food & beverage service activities (1.6%), real estate activities (1.5%), education (0.5%), health (0.3%) and professional (0.1%).

However, the index for transportation slipped by 0.3% while for arts, entertainment & recreation, it dipped 0.1%. The index for information & communication remained unchanged.

On the quarterly basis, Mohd Uzir said the services PPI increased 0.1% driven by three sub-sectors.

Arts, entertainment & recreation rose by 1.1%, accommodation and food & beverage service activities (0.4%) and transportation (0.1%).

However, the following sub-sectors which remained unchanged were information & communication, real estate activities, professional education and health.

Services producer price index in the second quarter 2021inched up slightly.Services producer price index in the second quarter 2021inched up slightly.

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