Malaysia Consumer Prices Increase In February

Malaysia’s consumer prices increased in February, data from the Department of Statistics showed on Wednesday.

The consumer price index grew 0.1 percent year-on-year in February, following a 0.2 percent fall in January. Economists had expected a 0.2 percent rise.

The annual growth was largely driven by the rise in prices of miscellaneous goods and services by 1.6 percent.

Prices for food and non-alcoholic beverages gained 1.4 percent. Prices for alcoholic beverages and tobacco, and [health][1] rose by 0.7 percent, each.

Prices for furnishings household equipment and routine household maintenance grew 0.3 percent. Prices for recreation services and culture, and education increased 0.1 percent, each.

On a monthly basis, consumer prices rose 0.3 percent in February.

The core inflation was 0.7 percent in February.

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