MIDF Research: Contractionary trend of Malaysia’s producer price index indicate further inflation moderation

KUALA LUMPUR, Aug 29 — The contractionary trend of Malaysia’s producer price index (PPI) indicated further moderation in overall inflationary pressure, and given the high base...

KUALA LUMPUR, Aug 29 — The contractionary trend of Malaysia’s producer price index indicated further moderation in overall inflationary pressure, and given the high base effect of commodity prices, the producer’s output deflation was within expectations, said MIDF Research.

Meanwhile, MIDF shared that the production cost for agriculture, forestry and fishing ended one year of contractionary sequence, expanded by 3.6 per cent y-o-y . “Cost for intermediate materials, supplies and components declined by 3.3 per cent y-o-y, the largest drop in four months,” it said.

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