Local Production

The Producer Price Index (PPI) for local production measures the average change in the prices of commodities charged by domestic producers of an industry in a reference month compared with the base year.

 

Producer Price Index (2010=100) By Sector (MSIC 2008)

Year-on-year comparison showed that the PPI for local production fell 0.1 per cent in August 2016. The  highest  drop  was  recorded  by Mining index (-6.7%), followed  by  Manufacturing (-1.6%). Meanwhile, the index for Agriculture, forestry & fishing, Water supply and Electricity & gas showed an increase of 23.3 per cent, 1.9 per cent and 1.3 per cent respectively. [Table I]

The PPI for local production inclined by 1.2 per cent in August 2016 as compared to July 2016. This was due to increases in all sectors namely, Mining (+7.8%), Agriculture, forestry & fishing (+5.8%), Electricity & gas (+0.4%), Water supply (+0.4%) and Manufacturing (+0.3%).

Producer Price Index By Stage of Processing

The PPI for local production by stage of processing (SOP) inclined by 1.2 per cent in August 2016 compared to the previous month. This inclination was due to an increase in Crude materials for further processing (+3.0%), Intermediate materials, supplies and components (+1.3%) and Finished goods (+0.2%). [Table II]

As compared with the same month a year ago, the PPI for local production by SOP for August 2016 dropped by 0.1 per cent. This was due to decreases in index for Intermediate materials, supplies and components (-3.2%). However, index for Crude materials for further processing and Finished goods increased by 9.7 per cent and 0.2 per cent respectively.

RELEASED BY:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA

30 SEPTEMBER 2016

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my

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