KUALA LUMPUR, June 24 — Malaysia’s Consumer Price Index (CPI) increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021, according to the Department of...
KUALA LUMPUR, June 24 — Malaysia’s Consumer Price Index increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021, according to the Department of Statistics Malaysia .
Transport increased by 3.9 per cent followed by restaurants and hotels , furnishings, household equipment and routine household maintenance , miscellaneous goods and services , and recreation services and culture . Mohd Uzir said, in May 2022, food at home and food away from home inclined 5.5 per cent and 5.1 per cent , respectively, leading to an increase in food inflation.
He said the rising cost of feed coupled with an increase in demand contributed to the increase in chicken price this time around. According to the report, the increase in the transport group was largely due to the increase in the average price of RON97 unleaded petrol by 63.8 per cent versus RM2.60 in May 2021.
Commenting on the inflation at the state level, Mohd Uzir said the highest increase was recorded by Selangor and the Putrajaya Federal Territory .
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