KUALA LUMPUR: Kuala Lumpur increases the inflation rate to 1.3% from 0.6% yearly forecasts , thus reporting the highest inflation rate in October. The record was based from The Statistics Department as measured by the Consumer Price Index (CPI).
Apart from Kuala Lumpur, Negeri Sembilan, Selangor along with Putrajaya and Penang are the other states that recorded the higher Consumer Price Index (CPI) with 1.1%, 0.8% and 0.7% rises respectively.
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin claimed that the increase in the overall index was due to higher price for housing, water, electricity, gas & other fuels (+2.1%); food & non-alcoholic beverages (+1.2%); restaurants & hotels (+1.2%); education (+1.1%) and transport (+0.8%).
The increase of index in most states in Malaysia was from food and non- alcoholic beverages with three states recorded higher increases for food & non-alcoholic beverages index above the national index level (+1.2%) in October from a year ago and the namely states were Kuala Lumpur with 4.5% rise, followed by Negeri Sembilan with 1.6% rise, then Selangor and Putrajaya with 1.4% rise. – The Star