Services Producer Price Index up 0.7% in second quarter: DoSM

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Services Producer Price Index up 0.7% in second quarter: DoSM
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PETALING JAYA: Malaysia’s Services Producer Price Index (SPPI) increased marginally by 0.7% in the second quarter of 2024 compared to 1% in the first ...

Malaysia’s Services Producer Price Index increased marginally by 0.7% in the second quarter of 2024 compared to 1% in the first quarter of 2024.

Meanwhile, he added the education subsector inched up 0.8%, similar to the previous quarter, contributed by secondary education . Conversely, Mohd Uzir said the transport shrank by negative 1.4%, after recording no changes in the previous quarter, particularly due to the passenger air transport index . The downturn has been seen since the fourth quarter of 2023.

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