CPI up 1.7% to 104 in January

  • Business
  • Thursday, 20 Feb 2003

MALAYSIA'S consumer price index (CPI) in January this year expanded by 1.7% to 104 from 102.3 in January last year, the statistics department said. 

When compared with December 2002, the CPI for the month under review rose by 0.2%. 

The department said the year-on-year increase in the January 2003 CPI was brought about by rises in the indices of all main groups except those of clothing and footwear, which decreased by 2.4% as well as furniture, furnishings and household equipment and operation, which declined by 0.5%. 

Notable among the increases were transport and communication 5.3%, medical care and health expenses 2.3% and miscellaneous goods and services 1.6% the statistics department said in releasing the figures yesterday. 

Other increases were food 1.2%, gross rent, fuel and power 0.7%, recreation, entertainment, education and cultural services 0.6% and beverages and tobacco 0.1%. 

The three main groups food; gross rent, fuel and power; and transport and communication together accounted for 96.3% of the overall increase recorded in the current period. 

The department said the 1.2% increase in the index for food was the result of a 2% increase for Food Away From Home, coupled with an increase of 0.9% for Food At Home. – Bernama  

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