CPI up 1.5% in June in line with expectations

“The CPI rose 1.5% in June 2019 to 121.4 against 119.6 in the same month of the preceding year,” chief statistician Datuk Seri Mohd Uzir Mahidin said.

PETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year.

The Statistics Department said in a statement that the abolition of the GST had led to the increase in some of the indices of the main groups – furnishings, household equipment and routine household maintenance (+3.1%), recreation services and culture (+2.7%), food and non-alcoholic beverages (+2.3%) as well as housing, water, electricity, gas and other fuels (+2.3%).