Inflation rises at a slower rate in November


Core inflation stood at 2% for the month, still above the pre-pandemic average of 1.7%.

PETALING JAYA: Malaysia’s headline inflation rate rose at a slower rate of 1.5% year-on-year (y-o-y) in November as compared to 1.8% in October and 1.9% in September.

The Statistics Department said the decelaration in the consumer price index (CPI) to a three-year low was driven by the lower price increases in restaurants and hotels, food and non-alcoholic beverages and health.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Wall St set for lower open as some big bank earnings disappoint
Citi profit drops as costs rise for employee severance, deposit insurance
Asia spot LNG at 3-month peak on steady demand, supply disruption
Global spotlight on Malaysia as it emerges as semiconductor powerhouse
Ringgit ends easier versus US dollar on higher-than-expected US inflation data
Nextgreen IOI Pulp inks MoU with Xiamen C&D for pulp production facility
Mosti to launch Single Window Initiative to strengthen Malaysia's startup ecosystem
China strengthens company delisting rules to improve markets
Gamuda Land collaborates with Kiddypedia for Discovery Centres at Gamuda Gardens, twentyfive7
FBM KLCI ends lower in line with regional peers

Others Also Read