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01:16
Malaysia's PPI down 2.4 pct in October
STORY: Malaysia's PPI down 2.4 pct in October
SHOOTING TIME: File
DATELINE: Nov. 28, 2024
LENGTH: 00:01:16
LOCATION: Kuala Lumpur
CATEGORY: ECONOMY
SHOTLIST:
1. various of landmarks of Kuala Lumpur
2. various of a warehouse
3. various of manufacturing
4. various of people choosing groceries
STORYLINE:
Malaysia's producer price index, which measures the price changes of goods at the producer level, continued to decrease by 2.4 percent in October, official data showed on Wednesday.
The Department of Statistics Malaysia (DOSM) said in a statement that the decrease was mainly attributed to the mining sector, which went down by 17.3 percent.
The index of crude oil extraction declined by 21.7 percent, while the index of natural gas extraction inched down by 1.7 percent.
Apart from that, the manufacturing sector also decreased by 2.6 percent. The agriculture, forestry and fishing sector went up by 13.8 percent.
For the utility sector, the water supply index increased by 6.9 percent, while the electricity and gas supply index edged up by 0.8 percent.
On a monthly basis, the producer price index decreased by 0.7 percent in October.
Xinhua News Agency correspondents reporting from Kuala Lumpur.
(XHTV)
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