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.