January inflation jumps to 3.5%

Malaysia Retail Chain Association (MRCA) president Datuk Liaw Choon Liang (inset top lrft) said the local retail sector was cyclical and should

PETALING JAYA: Inflation jumped with the consumer price index (CPI) measuring headline inflation for January rising 3.5% compared to a year ago on increases in all 12 major groups tracked by the consumer price gauge.

However, this was still below the median forecast of a 3.7% increase in prices.