Producer price index increases 0.3% in February

PETALING JAYA: Malaysia’s producer price index (PPI), which measures the price changes of goods at the producer level, increased by 0.3% in February 2024 from a negative 0.6% in January 2024, the Statistics Department says.

Chief Statistician Datuk Seri Mohd Uzir Mahidin said the agriculture, forestry and fishing sector rose 6% (January 2024: 3.2%), contributed by the growing of perennial crops (8.1%), fishing (7.5%) and animal production (4.3%) indices.