Wednesday 23 January 2013

Malaysia's December inflation up 1.2% on-year, below estimate of 1.4%


KUALA LUMPUR: Malaysia's inflation rate, measured by the consumer price index, rose 1.2% in December 2012 from a year ago, but the increase was slower than economists' estimate of 1.4%.
The Statistics Department said on Wednesday the index for food & non-alcoholic beverages and non-food for December rose 2.0% and 0.9% respectively on-year.
When compared with November, the CPI for December remained unchanged at 105.5. The index for food & non-alcoholic beverages increased by 0.3% while the index for non-food fell 0.1%.
"The CPI for the period January to December 2012 increased by 1.6% to 104.9 compared with that of 103.2 in the same period last year," it said.
For January to December 2012, the index for food & non-alcoholic beverages and non-food increased by 2.7% and 1.2%.

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