Services producer price index up 1% in 4Q23

KUALA LUMPUR: Malaysia's Services Producer Price Index (SPPI) increased 1.0 per cent year-on-year in the fourth quarter (4Q) of 2023 to average 115.5 points compared to 1.4 per cent in the third quarter (3Q), said the Department of Statistics Malaysia.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said most subsectors recorded an increase in the quarter under review.