KUALA LUMPUR, July 29 ― The Producer Price Index for local production increased 11.5 per cent year-on-year in June 2021, marking the fifth consecutive month of an upward trend, the Department of Statistics Malaysia said.
“In addition, the manufacturing index, which was influenced by the rise in the prices of primary and construction-related commodities, also showed a significant increase of 6.7 per cent,” he said in a statement today. However, the agriculture, forestry and fishing; electricity and gas supply; and water supply indices declined 10.5 per cent, 0.8 per cent and 0.2 per cent, respectively.
On a quarterly basis, he said the PPI for local production rose 2.6 per cent compared to 5.1 per cent in the first quarter of 2021.
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