Malaysia’s producer prices continued to decline in September, but at a a slower pace than in the previous month, figures from the Department of Statistics showed Friday.
The domestic producer price index fell 5.1 percent year-over-year in September, following a 5.4 percent decrease in August.
Producer prices for local production dipped 7.0 percent annually in September. The highest fall was recorded in the mining sector by 39.6 percent.
On a monthly basis, producer prices, edged up 0.1 percent in September, reversing a 0.6 percent drop in the prior month.
At the same time, import prices climbed 1.1 percent in September from a year ago, while it dropped 0.1 percent from the preceding month.
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