Malaysia's Producer Price Index Ends 12-Month Slump with 1.1% Growth in March

MT Newswires Live04-27

Malaysia's Producer Price Index (PPI) rose 1.1% year on year in March, reversing a 3.4% decline in February and marking the first increase since March 2025, the Department of Statistics Malaysia reported Monday.

The mining sector surged 26.5%, driven by a 38.5% jump in crude oil extraction, while the water supply index rose 11.3% and electricity and gas supply increased 9.6%.

Agriculture, forestry and fishing contracted 5.6%, weighed down by an 11% drop in perennial crop production, while manufacturing edged down 0.8%.

Monthly, the PPI increased 4.1% in March, compared with a 0.5% decline in February, the department said.

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