KUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) elevated reasonably by 2.2 per cent to 125.2 in February 2022 from 122.5 in the identical month of the previous yr, pushed primarily by the rise in meals inflation, Department of Statistics Malaysia (DoSM) mentioned.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin mentioned the rise surpassed the typical inflation in Malaysia for the interval 2011 to February 2022 of 1.9 per cent.
“The enhance in meals inflation, which is the biggest contributor to the general weight of CPI, continued to be a significant contributor to the nation’s inflation.
“The 3.7 per cent enhance in meals & non-alcoholic drinks group was largely because of a rise in the part for meals at dwelling which elevated 4.1 per cent in comparison with the identical month of the previous yr,” he mentioned in an announcement, including that the rise was primarily for uncooked cooking supplies akin to rooster (14.2 per cent) and eggs (13.5 per cent),” he mentioned in an announcement.
Meanwhile, meals away from dwelling additionally elevated 3.6 per cent in comparison with 3.1 per cent recorded in January 2022.
The rise in headline inflation was primarily pushed by the rise in transport group (3.9 per cent) and meals & non-alcoholic drinks (3.7 per cent).
This was adopted by furnishings, family tools & routine family upkeep (3.2 per cent); eating places & motels (2.6 per cent) and recreation providers & tradition (1.6 per cent).
He additionally mentioned the transport group elevated 3.9 per cent because of the low base impact with the setting of the RON95 unleaded petrol ceiling worth efficient March 2021 (RM2.05) which was larger in comparison with the typical worth of RM1.96 per litre in February 2021.
On a month-to-month foundation, the CPI elevated by 0.2 per cent in comparison with January 2022, attributed to recreation providers & tradition (0.4 per cent); eating places & motels (0.4 per cent); and housing, water, electrical energy, gasoline and different fuels (0.3 per cent).
Elaborating additional, Mohd Uzir mentioned inflation for the group revenue under RM3,000 elevated 2.4 per cent in February 2022 as in opposition to February 2021, with the meals & non-alcoholic drinks group rising 3.9 per cent, 0.2 share level larger than the identical group in the headline inflation.
Core inflation measures modifications in the costs of all items and providers, excluding risky gadgets of recent meals in addition to costs of products managed by the federal government. It registered a rise of 1.8 per cent in February 2022 in comparison with the identical month of the earlier yr.
“The enhance in world oil costs and the battle between Ukraine and Russia might have an effect on the availability chain and have a ripple impact throughout the worldwide financial system.
“This will seemingly have implications on the transportation price and thus nationwide inflation. Currently, the federal government continues to be sustaining the RON95 unleaded petrol and diesel costs to guard shoppers from the consequences of oil worth will increase in the worldwide market,” he defined.
As for the CPI by states, he famous that each one states recorded will increase in CPI with two states displaying will increase above the nationwide inflation degree of two.2 per cent with the best enhance recorded by Selangor & Wilayah Persekutuan Putrajaya (2.9 per cent). – Bernama
