Malaysia's Inflation Increases at Rate of 1.5 Percent in November
23:30 - December 29, 2023

Malaysia's Inflation Increases at Rate of 1.5 Percent in November

TEHRAN (ANA)- Malaysia's inflation, as measured by consumer price index (CPI), increased at a slower rate of 1.5 percent in November, official data showed.
News ID : 4628

The Department of Statistics Malaysia (DOSM) said in a statement that the increase in the inflation was driven by the lower increases in restaurants and hotels, food and non-alcoholic beverages group and health.

In addition, some of the other main groups that showed an increase were housing, water, electricity, gas and other fuels and transport.

The monthly headline inflation remained unchanged in November as compared to October.

Meanwhile, the core inflation of 2 percent still surpassed the overall national inflation rate of 1.5 percent.

This was due to restaurants and hotels, as well as food and non-alcoholic beverages which recorded moderate increases of 4.3 percent and 3.7 percent respectively in November 2023.

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