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Inflation down to 1.3% in October

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The statistics department says slower increases in food and housing costs helped moderate prices.

PETALING JAYA: Malaysia’s inflation moderated to 1.3% in October, down from 1.5% in September, driven largely by slower increases in food and housing-related costs, the statistics department said.

In releasing the Consumer Price Index (CPI) for October, the department said food and beverages rose 1.5% during the month, compared with 2.1% in September, while housing, water, electricity, gas and other fuels increased by 1.1% against 1.5% previously, Bernama reported.

However, some categories saw faster price increases, led by personal care, social protection, and miscellaneous goods and services, which surged 6% from 4.8%.

Tags:CPIEconomyinflationOctoberStatistics Department


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