Malaysia's PPI Declines 2.4% In October, Led By Mining And Manufacturing Deflation
Malaysia's PPI Declines 2.4% In October, Led By Mining And Manufacturing Deflation
Malaysia's Producer Price Index (PPI) fell 2.4% year-on-year (yoy) in October 2024, continuing its decline from a 2.1% contraction in September, according to the Department of Statistics Malaysia (DOSM). The drop was primarily driven by a 17.3% yoy deflation in the mining sector, with crude petroleum prices falling 21.7% and natural gas down 1.7%. The manufacturing sector also saw a sharper contraction of 2.6% yoy, led by a 21.6% drop in the manufacture of coke and refined petroleum products as reported by MIDF Amanah Investment Bank Bhd (MIDF Research).
2024年10月，馬來西亞生產者價格指數（PPI）同比下降2.4%，繼續自9月2.1%的收縮之後下滑，根據馬來西亞統計局（DOSM）的數據。這一跌幅主要是由採礦業17.3%的同比通縮驅動，原油價格下跌21.7%，天然氣下降1.7%。製造業板塊的同比收縮也更加明顯，爲2.6%，主要受到煤焦和精煉石油製品製造的同比下降21.6%的影響，這是由MIDF安納投資銀行（MIDF研究）報告的。
In contrast, the agriculture sector recorded inflation of 13.8% yoy, buoyed by a 24.3% increase in perennial crops. The water supply industry showed inflation of 6.9%, while the electricity and gas supply index rose by 0.8%. By stage of processing, prices of primary goods fell 8.4% yoy, while intermediate materials and components contracted by 1.9%. Finished goods, however, rose by 1.1% yoy.
相比之下，農業板塊同比錄得13.8%的通貨膨脹，受到多年生作物24.3%的增加的支撐。供水行業通貨膨脹爲6.9%，而電力和燃氣供應指數上漲了0.8%。按加工階段分，初級商品價格同比下跌8.4%，而中間材料和零件收縮了1.9%。然而，成品價格同比上漲1.1%。
On a monthly basis, the PPI fell 0.7% in October, easing from a 1.5% decline in September. MIDF Research expects Consumer Price Index (CPI) inflation to remain stable in the near term, with local producers facing less pressure to raise prices due to easing cost conditions. However, food price inflation is anticipated to rise, influenced by adverse weather and increased crude palm oil prices.
從月度數據看，10月PPI下降了0.7%，較9月的1.5%下降有所緩解。MIDF研究預計，消費者價格指數（CPI）的通脹在不久的將來將保持穩定，由於成本狀況的緩解，本地生產者面臨較少的漲價壓力。然而，預計食品價格通脹將上升，受不利天氣和原油棕櫚油價格的影響。
