PETALING JAYA: Inflation rate, measured by the consumer price index (CPI), rose 3% in November from 2.8% in October, exceeding economists’ forecast of a slower-paced 2.7% growth.
The Statistics Department said the CPI had increased by 3% to 111.9 compared with 108.6 for November year-on-year and attributed 96.6% of the increase to the rise in index for six groups of goods and services.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!