Malaysia’s PPI higher by 1.6% in March 2024

[ KUALA LUMPUR: Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, increased by 1.6 per cent in March 2024 compared with 0.3 per cent in February 2024, said the Statistics Department (DoSM). In its latest monthly report of the PPI Local Production, March 2024, DoSM’s chief statistician … Read more

Wall St set to open higher as traders stick to rate cut bets after inflation data

[ WALL Street’s main stock indexes were on track to a higher opening on Thursday as investors kept bets of interest-rate cuts in the coming months alive despite slightly hotter-than-expected inflation data. A Labor Department report showed the Producer Price Index (PPI) rose 0.6% month-on-month in February, compared with a 0.3% increase expected by economists … Read more

Malaysia’s PPI shrinks 1.5% in Nov amid decline in most sectors

[ KUALA LUMPUR: Malaysia’s producer price index (PPI), which measures the prices of goods at the factory gate, continued its downtrend in November 2023 with a larger year-on-year (y-o-y) contraction of 1.5 per cent compared with 0.3 per cent in October. All sectors were in negative territory except for water supply, which recorded a 1.0 … Read more