Statistic Dept: Malaysia’s CPI fell 0.2pc yoy in January 2021

statistic dept malaysias cpi fell 0 2pc yoy in january 2021

A customer counts his change at a wet market in Kuala Lumpur. — Picture by Saw Siow Feng

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KUALA LUMPUR, Feb 24 — Malaysia’s Consumer Price Index (CPI) declined 0.2 per cent to 122.1 last month from 122.4 in January 2020, said the Department of Statistics Malaysia (DoSM).

In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the decrease in the overall index was attributed by the decline in Transport (-5.1 per cent), Housing, Water, Electricity, Gas and Other Fuels (-0.7 per cent), Clothing and Footwear (-0.4 per cent) as well as Restaurants and Hotels (- 0.1 per cent) which contributed 44.5 per cent to the overall weight.

“Out of the 552 items covered in the CPI, 340 items showed an increase in January 2021 against January 2020 while 138 items declined and 74 items were unchanged.

“Based on the performance of the 552 items by category of goods and services, Non-Durable Goods (296 items) is a category that experienced the most price increase with 208 items, while (the prices of) 71 items decreased and 17 items were unchanged,” he said. 

Mohd Uzir said the Food & Non-Alcoholic Beverages increased by 1…

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