Mining surge ends prolonged deflation as energy pressures build
Malaysia’s Producer Price Index (PPI) rebounded to 1.1% YoY in March (Feb: -3.4%), marking the first positive reading since February 2025
- The sharp turnaround reflected surging mining prices amid elevated global energy costs triggered by disruptions in the Strait of Hormuz.
- The rebound showed broad momentum with prices rising 4.1% MoM (Feb: -0.5%). Mining led the charge, while gain across other sectors offset a modest drag from water supply.
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