Malaysia's inflation continues to climb, October CPI up 1.3% on-year

KUALA LUMPUR: Higher food prices continued to be a main factor for the hike in inflation as the consumer price index, which saw the consumer price index (CPI) rising 1.3% in October from a year ago.

The Statistics Department said on Friday the CPI rose to 105.4 in October 2012 from 104.0 a year ago as the index for food & non-alcoholic beverages and non-food increased 2.0% and 1.1% respectively.

"When compared with the previous month, the CPI increased by 0.2%," it said, with food & non-alcoholic beverages rising 0.4%; restaurants & hotels (+0.2%).

As for January to October 2012, the CPI increased by 1.7% to 104.8 from 103.0 in the previous corresponding period.

The department said the index for food & non-alcoholic beverages and non-food increased by 2.8% and 1.3% respectively.

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