EMBARGO: Only to be published or disseminated at
12:00 hour,
Monday, 6 November 2023
SERVICES PRODUCER PRICE INDEX
SERVICES PRODUCER PRICE INDEX (2010=100)
THIRD QUARTER 2023
- The SPPI averaged 115.4
points in the third quarter of 2023, an increase of 1.4 per cent as compared to 113.8 in the same
quarter of the preceding year.
- All subsectors recorded an
increase in this quarter except the index of Information & Communication
which remained unchanged. The Accommodation and Food & Beverage Service
Activities rose by 4.6 per cent (Q2 2023: 6.3%) attributed to the increase in
Restaurants & Mobile Food Service Activities (5.2%) and Transportation
recorded a marginal increase of 0.7 per cent (Q2 2023: 4.8%) due to the Air
Transport (1.5%).
- The other subsectors that
recorded an increase were Education (1.0%), Arts, Entertainment &
Recreation (0.8%) and Professional (0.4%). Meanwhile, the index of Real Estate
Activities and Health both increased by 0.2 per cent, respectively.
- On a quarter-on-quarter
basis comparison shows that SPPI increased by 0.4 per cent as compared to 0.2
per cent recorded in the previous quarter.
- This was due to the
increase particularly in Arts, Entertainment & Recreation (3.0%),
Accommodation and Food & Beverage Service Activities (0.9%), Education
(0.3%) and Real Estate Activities (0.2%) subsectors. Meanwhile, the index of
Transportation, Professional, Health, 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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