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Malaysia: Services PPI rises 0.6% in Q4 2018

  • Feb 12, 2019
KUALA LUMPUR: The Services Producer Price Index (SPPI) rose 0.6% in Q4 2018 from the previous corresponding quarter due to increases across most sub-sectors.

Compared to the previous quarter, the SPPI for the quarter under review rose 0.2%.

Datuk Sri Mohd Uzir Mahidin, chief statistician of the Department of Statistics, said the main contributions to the increase came from the accommodation & food and beverage service activities, which rose 2.5% year-on-year (y-o-y); education, up 1.4%; arts, entertainment and recreation, up 1.1%; and real estate activities, up 0.7%.

The professional, health and information & communication sub-sectors increased 0.4% each while the transport sub-sector remained unchanged.

Source: https://www.thestar.com.my/business/business-news/2019/02/12/services-ppi-rises-0pt6pct-in-q4-2018/#bUwYF0qEamVhjKM7.99