September inflation above forecast, Terengganu highest in nation

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KUALA LUMPUR: Malaysia’s inflation fee in September rose 2.2% from a yr earlier – the eighth straight month of enhance as a result of base impact final yr – and the rise within the fee was barely above Reuters’ forecast of two.1%.

The Statistics Division reported on Friday the Shopper Worth Index (CPI) elevated by 2.2% in September 2021 to 122.8 from 120.1 a yr in the past.

Commenting on the report, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin stated the transport group continued to file a double-digit enhance since March and edged up by 11% in September 2021 as in comparison with a yr in the past.

The meals & non-alcoholic drinks elevated 1.9% and the best enhance was recorded by meat (5.8%) primarily as a result of enhance within the common value of rooster in September 2021 to RM9.35 per kilogram as in comparison with RM8.50 a yr in the past.

The information additionally confirmed furnishings, family tools & routine family upkeep elevated by 1.7% adopted by housing, water, electrical energy, fuel & different fuels (0.7%) and recreation providers & tradition (0.6%).

Each eating places & lodges and well being registered a marginal enhance of 0.3%, whereas alcoholic drinks & tobacco rose by 0.4%.

Communication remained unchanged, whereas each clothes & footwear and miscellaneous items &

providers declined by damaging 0.5%. Schooling additionally posted a marginal decline of damaging 0.1% as in contrast a yr in the past.

For the third quarter of 2021 rose by 2.2% to 122.6 as in comparison with 120.0 in the identical quarter of the previous yr.

On a quarterly foundation, the CPI declined to damaging 0.4% versus the second quarter.

On a month-on-month comparability, the CPI in September elevated by 0.2% from August as a consequence of larger costs for meals & non-alcoholic drinks (0.6%); housing, water, electrical energy, fuel & different Fuels (0.1%).

Mohd Uzir identified core index — which measures all items and providers besides risky objects of recent meals in addition to administered costs — rose 0.6% in September 2021 from a yr in the past.

The rise was as a consequence of larger costs for furnishings, family tools & routine family upkeep (1.7%) and meals & non-alcoholic drinks (1.0%).”

He added the CPI with out gasoline elevated by 0.8% in September 2021 to 113.4 from 112.5 a yr in the past. CPI with out gasoline covers all items and providers besides unleaded Petrol RON95, unleaded Petrol RON97 and diesel.

The division identified all states recorded a rise within the CPI in September 2021.

Eight states particularly Terengganu (3.1%), Pahang (2.8%), Kelantan (2.8%), Sarawak (2.5%), Perak (2.5%), Johor (2.4%), Kedah & Perlis (2.4%) and Melaka (2.3%) have surpassed the nationwide CPI fee of two.2% in September 2021.

Notably, all states registered a rise within the index of meals & non-alcoholic Drinks. The very best enhance was recorded by Pahang (2.7%), adopted by Selangor & Putrajaya (2.4%), Perak (2.4%), Terengganu (2.2%), Johor (2.2%), Melaka (2.2%) and Kelantan (2.1%).

In the meantime, the rise for the remaining states was under the nationwide CPI fee of meals & non-alcoholic drinks.



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