PPI continues to fall, 2.4% lower in Oct 2024

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The story "PPI continues to fall, 2.4% lower in Oct 2024" was covered 4 hours ago by The Star, a news publisher based in Malaysia.

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The Star 4h ago

PPI continues to fall, 2.4% lower in Oct 2024 - The Star

Quick Summary:

KUALA LUMPUR: Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).

"For the utility sector, the water supply index increased by 6.9 per cent, while the electricity and gas supply index edged up by 0.8 per cent,” he added.

Regarding Malaysia’s current selected commodity prices, he said according to the World Bank, commodity prices are anticipated to experience a 5.0 per cent decrease in 2025, followed by a 2.0 per cent decline in 2026.