Malaysia Inflation Rate Up to 20-Month High in September

In September of 2013, Malaysian annual inflation rate accelerated to 2.6 percent, its highest rate since January of 2012, boosted by higher transport cost. During the month, the government cut fuel subsidies, leading to fuel price hikes.
Joana Taborda | joana.taborda@tradingeconomics.com 10/25/2013 10:37:51 AM
Transport prices recorded the highest growth rate (up by 4.6 percent, from 0.6 percent in August). Food prices accelerated to 3.9 percent (from 3.6 percent in the previous month) and cost of alcohol and tobacco rose 4.5 percent. Cost of housing, water, electricity and other fuels remained unchanged at 1.8 percent, while cost of furnishings and health decelerated to 1.3 percent and 1.7 percent, respectively. 

When compared with the previous month, the CPI for September increased by 0.8 percent. Increases were for main groups transport (+ 4.8 percent); alcoholic beverages and tobacco (+ 0.5 percent); restaurants and hotels (+ 0.4 per cent); food and non-alcoholic beverages; clothing and footwear and health by 0.3 percent respectively. 

Malaysia Inflation Rate Up to 20-Month High in September