August inflation down 1.4% on-year on lower fuel prices


Dr Mohd Uzir also said the average price of RON 97 decreased to RM1.98 per litre as compared to RM2.51. The average price of diesel declined to RM1.81 per litre from RM2.18 a year ago.

KUALA LUMPUR: The Consumer Price Index (CPI) for August fell by 1.4% from a year, mainly due to lower transport and fuel prices but food prices continued to increase. The decline was more than a Bloomberg survey of a 1.3% fall in the CPI.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement on Wednesday the CPI for August fell to 120.1 from 121.8 a year ago.

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