The Producer Prices Of Malaysia Surge 9.7 % Year On Year

Malaysia:Producer prices in Malaysia rose by 9.7 percent yoy in February of 2022,

compared to a 9.2 percent gain a month earlier which was the weakest pace in ten months.

Inflation accelerated for agriculture, forestry & fishing (17.7 percent vs 12.5 percent in January), manufacturing (7.9 percent vs 7.0 percent), and water supply (1.4 percent vs 1.2 percent).

Meanwhile there was a marked slowdown in cost of mining moderated (23.3 percent vs 34.3 percent) while inflation of those of electricity & gas supply was little changed (0.8 percent vs 0.9 percent).

On a monthly basis, producer prices grew by 2.0 percent in February, faster than a 1.3 percent in January.