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Malaysia February Consumer Price Index, Clothing And Footwear Fell 0.4%

2012/3/27 20:21:00 20

Malaysia Consumer Footwear

According to the data released by the Malaysia Statistical Bureau, the consumer price index (CPI) of the country (2012) in February was 104.5, up 2.2% over the same period (2011) in the same period (102.3), compared with the market.

Forecast

2.3% to 2.4% is also low, which is also lower than the 2.7% of the month (1), indicating that Malaysia's inflation pressure continues to slow down.


Malaysia economists believe that the growth rate of inflation in Malaysia in February this year slowed down, mainly due to the effect of the Lunar New Year Festival in January and the adjustment of the prices of the original products.

It is estimated that the Central Bank of Malaysia will continue.

take

Loose monetary policy to maintain the current overnight interest rate to support economic growth.


In February, the prices of major consumer goods increased significantly, including restaurants and hotels (up 4.1%), non-alcoholic beverages and food (up 3.8%), and leisure, service and culture (up 3.2%).

education

(up 3%), miscellaneous products and services (up 2.9%), health (up 2.2%), furniture, household appliances and daily necessities (up 2%), real estate, water, electricity, gas and other fuels (up 1.8%) and traffic (up 1.5%).


The drop in items was newsletter (down 0.6%), clothing and footwear (down 0.4%).

The price of alcoholic beverages and cigarettes remains unchanged.


The cumulative consumer price index for Malaysia from 1 to February is 104.5%, up 2.4% from the same period last year.

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