KUALA LUMPUR, June 26 (Xinhua) -- Malaysia's Producer Price Index (PPI), which measures price changes at the producer level, declined further by 3.6 percent in May, following a 3.4-percent decrease in the previous month, official data showed Thursday.
The Department of Statistics Malaysia (DOSM) said in a statement that all other sectors recorded year-on-year declines in May, except the agriculture, forestry and fishing sector.
The mining sector continued to register a double-digit decline, down by 15 percent, while the manufacturing sector declined by 3 percent.
Similarly, the electricity and gas supply sector decreased by 1.1 percent. The water supply sector declined marginally by 0.2 percent.
In contrast, the agriculture, forestry and fishing sector remained on an upward trend, albeit at a slower pace, increasing by 1.8 percent.
On a month-on-month basis, the PPI for local production went down by 1.1 percent in May, as compared to a 1-percent decrease in April. ■
