Malaysia's PPI eases further to 6.8% in August

KUALA LUMPUR: Malaysia’s Producer Price Index (PPI) for local production eased further to 6.8 per cent in August compared to 7.6 per cent in the previous month, the Department of Statistics Malaysia (DOSM) said.

The department said the lower reading was attributed to the manufacturing index with a 9.4 per cent expansion (July 2022: 9.9 per cent), followed by the mining index which increased by 5.8 per cent, slower than the 9.0 per cent posted in July 2022.