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    Malaysia's services producer price index up 1% in 2Q

    Malaysia’s services producer price index (SPPI) recorded a year-on-year increase of 1.0% in the second quarter, up from the 0.6% increase registered in the previous quarter, according to the SPPI report released on Wednesday by the Department of Statistics Malaysia (DOSM).

    Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the arts, entertainment and recreation index increased by 4.5%, moderating from a 6.6% increase in the previous quarter.

    “This was primarily driven by the other amusement and recreation activities index (+1.9%). The accommodation and food and beverage service activities index also continued its upward trend, rising by 3.6%, similar in the first quarter of 2025.

    “This was supported by increases in the restaurants and mobile food service activities index (4.2%) and the beverage service activities index (2.7%). Other indices that recorded increases were education (1.3%), health (0.6%) and professional (0.5%),” he said in a statement.

    In contrast, he said the transportation index declined by 0.8%, albeit a smaller contraction compared with the 3.1% drop in the previous quarter.

    “The decrease was mainly attributed to a drop in the passenger air transport index (-4.8%). The real estate activities index also recorded a marginal decrease of 0.1%, after an increase of 0.1% in the previous month, influenced by the real estate activities on a contract basis index (-0.1%).

    “Meanwhile, the information and communication index remained unchanged,” he said.

    Mohd Uzir said on a quarter-on-quarter basis, the SPPI increased by 0.3%, maintaining the same rate as in the previous quarter.

    “The increase was primarily attributed to the arts, entertainment and recreation index (2.0%) and accommodation and food and beverage service activities (0.6%). Both the transportation and education indices registered an increase of 0.3%.

    “Other indices that contributed to the modest overall increase were health (0.2%) and professional (0.1%). However, the information and communication and real estate activities indices remained unchanged this quarter,” he added.

    Source: theedgemalaysia