ASEAN KEY DESTINATIONS
Malaysia CPI up 2.7 per cent in December 2015
MALAYSIA’S Consumer Price Index (CPI) for December 2015 rose 2.7 per cent to 114.8 compared with 111.8 in the same month last year, the nation’s Statistics Department said.
The department said the higher CPI was led by increases in the indices for alcoholic beverages and tobacco group (+22.8 per cent); restaurants & hotels (+4.7 per cent); health (4.6 per cent); food & non-alcoholic beverages (+4.6 per cent); and furnishings, household equipment & routine household maintenance (+4.2 per cent).
“These five groups of goods and services (weight: 41.1) contributed 90.2 per cent to the increase in the CPI for the month of December 2015,” it said in a statement.
Overall, it said, the index for food & non-alcoholic beverages (weight 69.7) rose 4.6 per cent on a year-on-year basis in December 2015, while the index for non-food (weight 69.7) increased 1.8 per cent.
It said on a monthly basis, the CPI for December 2015 remained unchanged at 114.8.
“The CPI for the period of January-December 2015 registered an increase of 2.1 per cent over the same period last year.
“The increase was led by improvements among the main groups with high weights: food & non-alcoholic beverages (+3.6 per cent); and housing, water, electricity, gas & other fuels (+2.5 per cent),” it said.
The department said increases were also recorded for alcoholic beverages & tobacco (+13.5 per cent); health (+4.5 per cent); restaurants & hotels (+4.1 per cent); and miscellaneous goods & services (+4.1 per cent).
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