Live Updates > Live Update Details
2026-05-25 13:26:11
[Malaysia's PPI rose 5.4% year-on-year in April, a near four-year high, driven by soaring crude oil prices] (1) Data from the Department of Statistics Malaysia shows that the Producer Price Index (PPI) rose 5.4% year-on-year in April 2026, the highest increase since August 2022, significantly larger than the 1.1% increase in March. This was mainly driven by rising prices of crude oil and petroleum-related products. (2) By sector, the mining industry rose 53.4% year-on-year (compared to 26.5% in March), with the crude oil extraction index soaring 74.5%; the manufacturing industry grew 1.1% (compared to -0.8% in March), benefiting from computer, electronic and optical products (+3.8%) and coke, refined petroleum products (+3.0%); agriculture, forestry and fisheries grew 2.7%, rebounding from a 5.6% decline in the previous month; electricity and gas supply grew by 10.8% and 10.6% respectively. (3) On a month-on-month basis, the PPI rose 3.2% in April; the raw materials index for further processing rose 10.0% month-on-month. International comparisons show that the PPI in the United States, Japan, and Thailand all showed an upward trend in April, mainly due to rising global energy and commodity prices, supply chain disruptions, and increased production costs.
