Malaysia Consumer Price Inflation Rises In January

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Wednesday, the Department of Statistics Malaysia announced that the consumer price index or CPI rose 1.3% year-on-year in January, faster than the 1.1% growth in the previous month. Economists were looking for an increase of 1.5%.

Food and non-alcoholic beverages prices climbed 1.2% on an annual basis in January, while clothing and footwear prices fell 0.7%. Transport charges were up 0.7%.

On a monthly basis, the CPI increased 0.2% in January, same as in the previous month.

Wednesday, the Department of Statistics Malaysia announced that the consumer price index or CPI rose 1.3% year-on-year in January, faster than the 1.1% growth in the previous month. Economists were looking for an increase of 1.5%. (Market News Provided by RTTNews)