Malaysia registers 2.9% inflation in October

KUALA LUMPUR: Malaysia's inflation rate in October, as measured by the Consumer Price Index (CPI), rose 2.9% from a year ago due to an increase in transport costs as well as prices in other segments including housing, water, electricity, gas and other fuels.

For the period of January to October, the country's CPI grew 2.3% on a year-on-year basis. On a monthly basis, the inflation index in October increased 0.7% as compared to September.