Malaysia's PPI falls 2.4% in October, signaling potential industrial production contraction.
In October, Malaysia's Producer Price Index (PPI) fell by 2.4%, marking the second consecutive monthly decline. The mining sector, particularly crude oil extraction, saw significant drops. However, the agriculture, forestry, and fishing sectors showed a 13.8% increase. Utility sectors also rose slightly. This decline indicates a potential contraction in industrial production.
November 27, 2024
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