CPI down 0.2% in January

Excluding fuel, the consumer price index increased 0.5% in January 2021 to 113.6.

KUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year.

On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, electricity, gas and other fuels, clothing and footwear, and restaurants and hotels, the National Statistics Department revealed yesterday.