CPI increased 0.2% in May 2019

PUTRAJAYA: The Consumer Price Index (CPI) increased 0.2% in May 2019 to 121.4 as compared to 121.1 in the same month of the preceding year.

The main groups that contributed to the overall increases of the index were housing, water, electricity, gas & other fuels (+1.8%), alcoholic beverages & tobacco (+1.3%), food & non-alcoholic beverages (+1.2%), education (+1.2%), restaurants & hotels (+0.6%) and furnishings, household equipment & routine household maintenance (+0.5%).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said out of 552 items covered in CPI, 244 items showed positive growth in May 2019 as against May 2018.

“On the contrary, 280 items posted negative growth while 28 items remained unchanged,“ he said in a statement today.

On a monthly basis, CPI rose 0.2% as compared to April 2019. Meanwhile, CPI for the period of to May 2019 registered a decrease of 0.1% as compared to the same period last year.

In terms of overall CPI, three states namely Penang (+0.7%), Negeri Sembilan (+0.6%) and Wilayah Persekutuan (+0.5%) surpassed the national CPI rate of 0.2% in May 2019 as compared to May 2018.

Meanwhile, Kelantan, Johor and Selangor & Wilayah Persekutuan Putrajaya showed the same rate of increase as the national CPI.

Other than that, the increase in the index of food & non-alcoholic beverages was reflected in all states in Malaysia. Wilayah Persekutuan Kuala Lumpur (+2.8%), followed by Johor (+1.8%) and Negeri Sembilan (+1.4%) surpassed the national index of food & non-alcoholic beverages in May 2019.

Source: The Sun Daily

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