Malaysia's January inflation down 0.2 pct

0 Comment(s)Print E-mail Xinhua, February 24, 2021
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KUALA LUMPUR, Feb. 24 (Xinhua) -- Malaysia's inflation, as measured by consumer price index (CPI), fell 0.2 percent in January from a year ago, official data showed Wednesday.

Malaysian Statistics Department said in a statement that the decrease in the overall index was attributed to the decline in transport which slipped 5.1 percent.

Meanwhile, housing, water, electricity, gas and other fuels slid 0.7 percent; clothing and footwear decreased by 0.4 percent; restaurants and hotels fell 0.1 percent.

Nevertheless, food and non-alcoholic beverages, which contributed 29.5 percent of CPI weigh, increased by 1.5 percent.

Although year-on-year CPI decreased, CPI on a monthly basis increased by 1.2 percent as compared to December 2020. Enditem

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