Surge in oil prices fuel April inflation to highest since 2018


Average price of unleaded petrol RON95 in April 2021 increased 61.4% to RM2.05 per litre as compared to RM1.27, unleaded petrol RON97 increased 62.4% to RM2.55 per litre as compared to RM1.57 and diesel increased 44.3% to RM2.15 per litre from RM1.49.

KUALA LUMPUR: Malaysia’s inflation rate surged to 4.7% in April from a year ago, the highest since 2018, due to the spike in crude oil prices which fuelled the increase in petrol and diesel prices.

Chief Statistician Malaysia, Datuk Seri Dr Mohd Uzir Mahidin said on Friday the April CPI was the highest inflation since 2018.

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