KUALA LUMPUR, March 14 — Inflation is slowing down. January’s consumer price index slowed to 3.7 per cent compared to the same month the previous year. In December 2022, it was 3.8 per cent, continuing the dipping trend that began at the start of the fourth quarter. Inflation is also expected to “moderate” this year […]
Read MoreKUALA LUMPUR: Malaysia saw a 3.6 per cent fall in natural rubber (NR) production to 29,451 tonnes month-on-month (m-o-m) in January 2023 from 30,556 tonnes in December 2022, said the Department of Statistics Malaysia (DoSM). In its monthly rubber statistics released today, DoSM said NR production shrank 39.3 per cent in January 2023 from 48,546 […]
Read MoreKUALA LUMPUR: Almost 80 per cent of the labour shortage in the plantation industry has been resolved so far with the remaining under way, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the Plantation and Commodities Minister, said the labour shortage, however, remained challenging in certain parts of the country such […]
Read MorePETALING JAYA: Economists expect the moderating growth in the Industrial Production Index (IPI) to persist in the quarters ahead. Malaysia University of Science and Technology economics professor Geoffrey Williams said slowdown could be seen in export-oriented products while growth for domestic oriented production had slowed but it is not contractionary. “The slowdown in export-oriented products […]
Read MoreKUALA LUMPUR, March 13 — Malaysia’s wholesale and retail trade grew 12.4 per cent year-on-year (y-o-y) in January 2023 to record monthly sales value of RM135.1 billion, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase was attributed to the retail trade sub-sector, which recorded an […]
Read MoreKUALA LUMPUR, March 13 — Malaysia’s Industrial Production Index (IPI) growth moderated to 1.8 per cent in January 2023 against 2.9 per cent in the preceding month, weighed down partly by a slower growth in manufacturing output, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing sector’s […]
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