PPI remains high with 11% growth seen in April

KUALA LUMPUR: Malaysia’s producer price index (PPI) for local production, which measures the costs of goods at the factory gate, continued to register double-digit growth in April 2022 at 11%, says the Statistics Department.

It was, however, slightly lower compared with the 11.6% year-on-year (y-o-y) growth recorded in March, it said.