Inflation up 2.9 pct on rising fuel cost, end of electricity discount

BernamaPublished: Nov 26, 2021 5:11 AM | Updated: Nov 27, 2021 12:31 AM

Malaysia saw its Consumer Price Index (CPI) increase 2.9 per cent year-on-year (y-o-y) to 123.7 in October 2021 against 120.2 in the same month of the preceding year.

The Department of Statistics Malaysia (DOSM) attributed the higher CPI, a measure of inflation, to rising fuel prices and the discontinuation of electricity discount in September 2021...

Inflation rate expected to be at 2.1percent in 2022

CPI up 2.2pct to 122.8 in September - DOSM

Research houses expect inflation to decelerate further this year

Household consumption, purchasing power decline 16.7 percent in a decade

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