EMBARGO: Only to be published or disseminated at
12:00 hour,
Monday, 7 August 2023
SERVICES PRODUCER PRICE INDEX
SERVICES PRODUCER PRICE INDEX (2010=100)
SECOND QUARTER 2023
- The SPPI averaged 114.9
points in the second quarter of 2023, an increase of 2.7 per cent as compared
to 111.9 in the same quarter of the preceding year.
- Most subsectors recorded an
increase of prices in this quarter. The Accommodation and Food & Beverage
Service Activities rose by 6.3 per cent (Q1 2023: 8.3%) attributed to the
increase in Restaurants & Mobile Food Service Activities (7.2%), while the
Transportation subsector increased 4.8 per cent (Q1 2023: 6.5%), contributed by
Passenger Air Transport (19.5%).
- In the meantime, the other
subsectors that recorded an increase were Arts, Entertainment & Recreation
which increased by 2.0 per cent, Education (1.0%), Professional (0.5%) and
Health (0.3%). Meanwhile, the index of Real Estate Activities recorded a slight
decrease of negative 0.1 per cent and the index of Information &
Communication remained unchanged.
- On a quarter-on-quarter
basis comparison shows that SPPI marginally increased by 0.2 per cent as
compared to 0.3 per cent recorded in the previous quarter.
- This was due to the
increase in Arts, Entertainment & Recreation (3.9%), Accommodation and Food
& Beverage Service Activities (0.7%), Education (0.2%) and Professional
(0.1%) subsectors. Meanwhile, the index of Transportation recorded a decrease of
negative 0.6 per cent and index of Health, Real Estate Activities and
Information & Communication remained unchanged.
Contact person:
Baharudin Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics Malaysia
Tel : +603-8090 4681
Fax : +603-8888 9248
Email : baharudin[at]dosm.gov.my
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