Food prices and energy costs to push inflation higher this year


Chief statistician Datuk Seri Mohd Uzir Mahidin (pic) said heavy rains which occurred in several states throughout December 2021 had led to the increase in food prices, especially vegetables, fish and seafood, attributable to a direct effect of supply shortages due to the weather factor.

PETALING JAYA: Soaring food prices and energy costs may continue to drive inflationary pressure this year.

Several research houses estimated that the country’s inflation, which is measured by the consumer price index (CPI), could increase between 2.1% and 3%.

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CPI , food prices , heavy rain , Mohd Uzir Mahidin ,

   

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