KUALA LUMPUR, May 29 — The rising Producer Price Index (PPI) inflation of 1.9 per cent year-on-year (y-o-y) in April 2024 signalled higher cost pressures for local businesses,...
What else do you want me to do? Azam Baki says MACC found no conflict over Yeoh’s husband’s transport deal with SelangorThe rising Producer Price Index inflation of 1.9 per cent year-on-year in April 2024 signalled higher cost pressures for local businesses, said MIDF Research. — Picture by Miera ZulyanaKUALA LUMPUR, May 29 — The rising Producer Price Index inflation of 1.9 per cent year-on-year in April 2024 signalled higher cost pressures for local businesses, said MIDF Research.
“On that note, we foresee that consumer inflation would be slightly higher at 2.7 per cent this year , mainly due to supply-side changes,” said the research firm in a report.MIDF noted that by sector, the manufacturing sector saw input costs rising faster at 0.8 per cent y-o-y . The mining sector’s inflation was higher at 10.0 per cent , the steepest rise in 22 months. However, price inflation for the agriculture sector eased slightly to 5.4 per cent .
Malaysia Economy Midf Research Ppi Producer Price Index
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