Malaysia CPI rises to 3.2% in Dec


  • Business
  • Wednesday, 22 Jan 2014

KUALA LUMPUR: Malaysia's inflation rate rose 3.2% in December 2013, higher than economists' expectations of 3.1% mainly due to higher prices of food, transport and utilities.

The Statistics Department said on Wednesday that when compared with November, the Consumer Price Index, increased by 0.3%.

For 2013, the inflation rate increased by 2.1% from 2012.

Elaborating on the CPI for December 2913, it said the index for food & non-alcoholic beverages and non-food increased by 4.5% and 2.6% respectively from a year ago.

When compared with November, the index for food & non-alcoholic beverages increased by 0.9% while the index for non-food was unchanged at 106.9.

For January to December 2013, the index for food & non-alcoholic beverages and non-food increased by 3.6% and 1.4% respectively.

 

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