September CPI up 1.5% to 115.3 - Business News | The Star Online


September CPI up 1.5% to 115.3

KUALA LUMPUR: The Consumer Price Index (CPI) for September 2016 rose by 1.5% to 115.3 compared with 113.6 registered in the same month last year.

Among the major groups which recorded increases were the index for food and non-alcoholic beverages which rose 3% from September 2015, as well as housing, water, electricity, gas and other fuels (+2.1%).

However, the transport group decreased by 5.5% compared to September 2015, communication fell 2.6% and clothing and footwear declined 0.6%, the Department of Statistics Malaysia said in a statement yesterday.

It said the decline in the transport group was due to the drop of 6.7% and 9.9% in August 2016 and July 2016.

On a monthly basis, the CPI for September 2016 decreased 0.3% to 115.3 from 115.6 in August.

The CPI for January to September 2016 recorded an increase of 2.2% compared with the same period last year, led by increases in the index for food and non-alcoholic beverages which was up by 4% during the period.

Other major groups which contributed to the CPI increase during this period were alcoholic beverages and tobacco (+21.2%); miscellaneous goods and services (+3.3%); restaurants and hotels (+3.1%); health (+2.9%) and furnishing, household equipment and routine household maintenance (+2.7%).

Nevertheless, the increases were partly offset by the transport group which registered a decrease of 5.3% due to lower prices for petrol. – Bernama