October CPI up 0.6% year-on-year


PETALING JAYA: The consumer price index (CPI) rose 0.6% in October 2018 to 120.7 compared to 120 in corresponding month of the preceding year, according to Statistics Department.

The increase in the overall index was due to higher price for housing, water, electricity, gas and other fuels (2.1%), food and non-alcoholic beverages (1.2%), restaurants and hotels (1.2%), education (1.1%) and transport (0.8%), it said in a statement.

On a monthly basis, CPI increased 0.2% as compared to September 2018, while CPI for the period January-October 2018 registered an increase of 1.1% as compared to the same period last year.

In terms of overall CPI, the department reported that four states surpassed the national CPI rate of 0.6% recorded in October 2018 as compared to October 2017.

The states were Kuala Lumpur, Negeri Sembilan, Selangor and Putrajaya as well as Pulau Pinang. Johor showed the same rate as the national CPI.

Meanwhile, it said the higher increase in the index for food and non-alcoholic beverages was reflected in most states in the country.

“Three states recorded higher increases for food and non-alcoholic beverages index above the national index level in October 2018 as compared to the corresponding month in 2017.

“The index for food and non-alcoholic beverages rose 4.5% in Kuala Lumpur, followed by Negeri Sembilan, Selangor and Putrajaya, while Penang showed the same rate as the national CPI of this main group,” the department said.



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