Friday, March 25, 2011

February inflation rate up 2.9pct on-year, up 0.5pct on-month

KUALA LUMPUR: Malaysia's inflationary rate, measured by the consumer price index, rose 2.9% in February 2011 from a year ago as prices for food & non-alcoholic beverages and non-food rose.

The Statistics Department said on Friday, March 25 the CPI rose 0.5% from January. For the period of January-February, the CPI rose 2.7% from the previous corresponding period.

'The index for food & non-alcoholic beverages and non-food for the month of February 2011 showed increases of 4.7% and 2.1% respectively as compared to the same month in 2010,' it said.

The department said the February CPI, when compared with January, showed an increasing trend of 1.1% and 0.2% respectively for index food & non-alcoholic beverages and non-food, it said.

For the period January to February 2011, the index for Food & Non-Alcoholic Beverages and Non-Food increased by 4.2 per cent and 2.1 per cent respectively.

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