2023-05-29 13:45:52
According to the Malaysian Ministry of Statistics, The Producer Price Index (PPI), which measures inflation driven by producer spending, fell 3 percent year on year in April following falling 2.9 percent in March.
The ministry said The drop in the PPI was due to a decline in prices in agriculture, forestry, fisheries and mining, with prices in agriculture, forestry and fishery declining for the 10th straight month.
Month-on-month, the PPI rose 0.2% in April following gaining 0.3% in March.
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