Producer price index rises by 3.5%

Mohd Uzir noted that there had been inflation at the producer level in other selected countries as well.

PETALING JAYA: Malaysia's producer price index (PPI) increased to record a 3.5% year-on-year (y-o-y) rise in December 2022 compared with 3.2% a month earlier.

The PPI, which measures the prices of goods at the factory gate, saw increases in all sectors, except the agriculture and the forestry and fishing sector, which recorded a decrease of 17.5% y-o-y in Dec 2022, the Statistics Department said.