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Malaysia's Producer Price Index (PPI) increased 0.3% in February 2024, driven by mining, agriculture, and water supply sectors.
Malaysia's Producer Price Index (PPI) rose 0.3% in February 2024 after a negative 0.6% in January, as sectors like mining (up 5.3%), agriculture, forestry, and fishing (up 6%) experienced increases.
The manufacturing sector, however, continued to decline, with a 0.7% drop.
The water supply index increased by 3.6% due to higher water tariffs, while the electricity and gas supply sector saw a slight uptick of 0.1%.
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El índice de precios al productor (IPP) de Malasia aumentó un 0,3% en febrero de 2024, impulsado por los sectores de minería, agricultura y suministro de agua.