The decline in fuel prices was a major factor which saw December CPI fall by 1.4% on-year.
KUALA LUMPUR: The inflation rate or Consumer Price Index (CPI) for December last year fell by 1.4% due mainly to a decline in transport and housing, water, electricity, gas and other fuels, according to the Statistics Department.
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Friday the December CPI was at 120.6 compared with 122.3 in December 2019.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
