Daughter: In December 2024, Malaysia’s export prices rose by 1.1% to 150.7 points in the last month.
Similarly, import prices rose 0.9% to 126.9% to 128 points and Malaysia’s trade conditions increased by 0.2% month in December 2024 to 117.7 points.
Chief Statistics Malaysia Datuk Seri Dr. Mohammad Uzir Mahidin said that the export unit price index increased by 1.1% in December 2024 compared to last month.
He said that this growth was mainly inspired by an increase in animals of animal and vegetable oils and fat (+8.3%), mineral fuel (+0.7%) and machinery and transport equipment (+0.5%).
At the same time, he said that there was an increase of 8.5%with an increase in the index of mineral fuel (+13%), machinery and transport equipment (+12.7%) and manufactured goods (+11.6%) in the export quantity index (+11.6 %).
The seasonally adjusted export volume index expanded from 159 points to 3.1%. Referring to the annual comparison, the unit value index and volume index had an extension of 1.8% and 14.8%.
Index of mineral fuel (+4.1%), food (+0.7%) and manufactured goods (+0.4%) all contributed to an increase of 0.9%in the import unit price index in December 2024.
Similarly, the import quantity index increased by 6.3%in December 2024 compared to the previous month, by increasing the index of machinery and transport equipment (+10.4%), chemicals (+7.2%) and manufactured goods (+6 (+6) Contributed.
The seasonally adjusted import volume index rose by 1% to 201.4 points from 199.4 points. A year-on-year comparison showed that the unit value index slipped to 0.5% and the volume index 12.5%.
Malaysia’s trading terms increased by 117.7 points from 0.2%month-month in December 2024, which was inspired by an increase in animal and vegetable oils and fat index (+5.3%), inherited raw material (+3.3%) And machinery and transport equipment (+0.4%).