KUALA LUMPUR: Malaysia’s inflation rate, measured by the consumer price index (CPI), fell in January 2015 from the previous month as transport costs declined.
The Statistics Department said on Wednesday when compared with the previous month, the CPI for January 2015 decreased by 1.1%.
When compared with a year ago, the CPI for January increased at a slower rate of 1.0% to 110.6 compared with 109.5. This was much lower than the survey of a 1.9% increase.
The department said the main group contributing to the decline was transport, which fell 6.0%.
“The reduction in the index for transport was attributed by significant decline in the expenditure class for fuel and lubricants for personal transport by 10.6%.
“Other decreases were communication and clothing & footwear by 1.0% and 0.1% respectively,” it said.
