KUALA LUMPUR, Oct 28 ― Malaysia’s Producer Price Index for local production increased 12.3 per cent year-on-year in September 2021, mainly due to a 68.1 per cent y-o-y surge in the mining index.
However, the electricity and gas supply, as well as water supply indices decreased by 0.2 per cent y-o-y and 0.8 per cent y-o-y, respectively. “The rebound in petroleum prices and continuous rise in natural gas prices have contributed to the increase of 0.6 per cent in the mining index. Mohd Uzir also said that the agriculture, forestry and fishing index grew at a modest rate of 0.3 per cent m-o-m, due to a slower increase in prices of oil palm fresh fruit bunches.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.