Feb Consumer Price Index rises 3.7pct on-year

Malaysia’s Consumer Price Index (CPI) for February 2023 remained unchanged at 129.8 or 3.7 percent, said the Department of Statistics Malaysia (DoSM).

In a statement today, chief statistician Mohd Uzir Mahidin said the increase in Malaysia’s inflation in February 2023 was still driven by restaurants and hotels (+7.4 percent) and food and non-alcoholic beverages (+7 percent).

Nevertheless...