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Malaysia’s inflation eases to 1.8pc in September

KUALA LUMPUR (XINHUA) – Malaysia’s inflation eased to 1.8 per cent in September, official data showed yesterday.

The Department of Statistics Malaysia (DOSM) said in a statement that the inflation in September was driven by a slower increase in the main groups of personal care, social protection and miscellaneous goods and services (3.1 per cent).

This was followed by transport (1.1 per cent), furnishings, household equipment and routine household maintenance (0.6 per cent) and information and communication (0.4 per cent). The food and beverages group, which contributes 29.8 per cent of the total consumer price index weight, increased by 1.6 per cent in September, the same rate as recorded in August.

The overall monthly inflation for September remained unchanged as against in August. Inflation for the third quarter remained at 1.9 per cent.

As for quarter-on-quarter comparison, Malaysia’s inflation increased 0.4 per cent.

A woman shops in a mall outside of Kuala Lumpur, Malaysia. PHOTO: AP
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