Hike in food prices adds to the pressure
KUALA LUMPUR: Food inflation in Malaysia jumped to the highest in 10½ years, hitting 5.2% in May 2022 as 93% of food items saw their prices rise.
Of the 93% items that saw higher prices in the food category, Statistics Department chief statistician Datuk Seri Mohd Uzir Mahidin said in a statement that 29.4% increased in the range of less than 5%, while 37.7% rose between 5% and 10% and 32% jumped more than 10%.
