Malaysia's PPI shrinks 1.5% in Nov amid decline in most sectors

KUALA LUMPUR: Malaysia’s producer price index (PPI), which measures the prices of goods at the factory gate, continued its downtrend in November 2023 with a larger year-on-year (y-o-y) contraction of 1.5 per cent compared with 0.3 per cent in October.

All sectors were in negative territory except for water supply, which recorded a 1.0 per cent growth, the Department of Statistics Malaysia (DoSM) said.