PUTRAJAYA: The Consumer Price Index (CPI) grew at a slower pace of 0.3% in September 2018 due to the impact of Ron95 fuel prices, which remained at RM2.20 from March 2018 to September 2018 as compared to the same period in 2017.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said although the Sales & Services Tax (SST) was re-instated beginning Sept 1, 2018, in terms of the index, it did not show significant change as compared to a year ago.
Five of the 12 main groups still record positive annual price changes namely housing, water, electricity, gas & other fuels (+2.1%), restaurants & hotels and education (+1.1%) respectively, food & non-alcoholic beverages (+0.5%) and transport (+0.3%).
“On a monthly basis, CPI increased 0.4% as compared to August 2018. CPI for the period January-September 2018 registered an increase of 1.2% as compared to the same period last year.”
On the same note, the Department of Statistics also reported that in terms of overall CPI, three states surpassed the national CPI rate of 0.3% recorded in September 2018 as compared to September 2017, which were Wilayah Persekutuan Kuala Lumpur (+0.9%), Negri Sembilan (+0.7%) and Selangor & Wilayah Persekutuan Putrajaya (+0.4%). Penang showed the same rate as the national CPI.
Meanwhile, the higher increase in the index for food & non-alcoholic beverages was reflected in most states in Malaysia. Four states recorded higher increases for food & non-alcoholic beverages index above the national index level (+0.5%) in September 2018 as compared to the corresponding month in 2017.
The index for food & non-alcoholic beverages rose 3.0% in Wilayah Persekutuan Kuala Lumpur, followed by Sarawak (+0.8%) and 0.7% in Negri Sembilan and Selangor & Wilayah Persekutuan Putrajaya respectively.
Source: The Sun Daily