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Malaysia’s Services Producer Prices Remain Steady at 1.0pc in Q4 2025, Transport and F&B Drive Growth

KUALA LUMPUR: Malaysia’s Services Producer Price Index (SPPI) rose by one per cent in the fourth quarter of 2025, maintaining the same growth rate for the third consecutive quarter, according to the Statistics Department Malaysia (DOSM).

Chief Statistician Mohd Uzir Mahidin said the latest figures indicate stable price movements across the services sector, despite variations among key industries.

He noted that the accommodation, food, and beverage services index increased by 3.1 per cent in 4Q 2025, slightly lower than the 3.4 per cent recorded in the previous quarter.

The growth was driven mainly by restaurants and mobile food services, which rose by 3.5 per cent, as well as beverage services, which expanded by three per cent.

“The transportation index recorded a stronger increase of 2.2 per cent, compared with 0.5 per cent in the previous quarter, supported by a 7.1 per cent rise in passenger air transport,” he said in a statement today.

The education index also rose by 1.5 per cent, led by secondary education at 2.3 per cent and higher education at 1.6 per cent.

Other sectors that posted gains included health services at 0.7 per cent, real estate activities at 0.6 per cent, and professional services at 0.5 per cent.

However, the arts, entertainment, and recreation index declined by 3.8 per cent after a marginal increase in the third quarter, while the information and communication index slipped slightly by 0.1 per cent.

On a quarter-on-quarter basis, SPPI rose by 0.3 per cent, up from 0.1 per cent previously, mainly driven by transportation and accommodation and food services.

Real estate, education, and health services each increased by 0.2 per cent, while professional services rose by 0.1 per cent.

In contrast, the arts and recreation index fell by 3.3 per cent, while the information and communication sector remained unchanged.

On an annual basis, Mohd Uzir said SPPI recorded a marginal increase of 0.9 per cent in 2025, compared with 0.7 per cent in 2024.

The annual growth was mainly supported by accommodation and food services, followed by arts and entertainment and education.

Other contributors included health, professional services, and real estate, while transportation and information and communication recorded slight declines.

Economists view the stable SPPI performance as a positive sign of resilience in Malaysia’s services sector, despite rising operating costs and global economic uncertainties.

Authorities are expected to continue monitoring price trends closely to ensure economic stability and protect consumer welfare.

-wilayah.com.my

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