KUALA LUMPUR: The services producer price index increased marginally by 0.3% to 115.8 in the third quarter of 2024 (3Q24), compared to a 0.7% increase in 2Q24, says the Statistics Department.
Chief statistician Datuk Seri Mohd Uzir Mahidin said the arts, entertainment and recreation index rose 5.4% in 3Q24 against 7.7% in the previous quarter, contributed by the other amusement and recreation activities.
“The index of accommodation and food and beverage service activities continued to increase by 2.4% (2Q24: 2.4%), attributed to beverage service activities and restaurants and mobile food service activities,” he said in a statement.
Meanwhile, Mohd Uzir said the education index inched up 0.8%, contributed by secondary education, while the health index increased by 0.3%.
“Professional and real estate activities indices inclined by 0.2% and 0.1%, respectively,” he said.
Conversely, the transport index shrank by 2%, particularly due to passenger air transport index.
“Apart from that, the information and communication index continued to decrease by 0.1% due to wireless telecommunication activities index,” he said.
On a quarter-on-quarter basis, Mohd Uzir said SPPI increased by 0.1% mainly due to accommodation and food and beverage service activities and arts, entertainment and recreation, where both indices recorded an increase of 0.9%.
Additionally, the education index also increased by 0.2%, while the health, professional, information and communication index remained unchanged. — Bernama
