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Malaysia’s August inflation up 1.9% on-year
by Cals Wed 18 Sep 2013, 20:27
Published: Wednesday September 18, 2013 MYT 5:03:00 PM
Updated: Wednesday September 18, 2013 MYT 5:06:55 PM
Malaysia’s August inflation up 1.9% on-year
KUALA LUMPUR: Malaysia’s inflation rate for August rose 1.9% from a year ago due to higher food and non-food prices, but this was below economists’ forecast of a 2% increase.
The Statistics Department said on Wednesday the inflation rate, which is measured by the Consumer Price Index (CPI) when compared with July, increased by 0.1%.
“The Consumer Price Index (CPI) for the period January to August 2013 increased by 1.7% to 106.5 compared with that of 104.7 in the same period last year,” it said.
Commenting on the CPI for August, it said the 1.9% increase from a year ago was due to increased in the index for food & non-alcoholic beverages and non-food which rose 3.6% and 1.1%.
For January to August 2013, the index for food & non-alcoholic beverages and non-food increased by 3.4% and 1.0% respectively.
The department said when compared with July, the index for non-food increased by 0.2% while the index for food & non-alcoholic beverages fell 0.1%.
Updated: Wednesday September 18, 2013 MYT 5:06:55 PM
Malaysia’s August inflation up 1.9% on-year
KUALA LUMPUR: Malaysia’s inflation rate for August rose 1.9% from a year ago due to higher food and non-food prices, but this was below economists’ forecast of a 2% increase.
The Statistics Department said on Wednesday the inflation rate, which is measured by the Consumer Price Index (CPI) when compared with July, increased by 0.1%.
“The Consumer Price Index (CPI) for the period January to August 2013 increased by 1.7% to 106.5 compared with that of 104.7 in the same period last year,” it said.
Commenting on the CPI for August, it said the 1.9% increase from a year ago was due to increased in the index for food & non-alcoholic beverages and non-food which rose 3.6% and 1.1%.
For January to August 2013, the index for food & non-alcoholic beverages and non-food increased by 3.4% and 1.0% respectively.
The department said when compared with July, the index for non-food increased by 0.2% while the index for food & non-alcoholic beverages fell 0.1%.
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