KUALA LUMPUR: Malaysia’s Services Producer Price Index (SPPI) went up 0.5 per cent in the fourth quarter of 2021 (Q4 2021) to 110.7 compared to 110.1 in Q4 2020, the Department of Statistics Malaysia (DOSM) said.
The uptrend in the SPPI -- which measures the average changes in the price of service charged by the local service industries in Malaysia -- was driven by the growth in the accommodation and food and beverage (F&B) service activities (1.5 per cent) and transportation (0.7 per cent) indices.
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