Malaysia March Consumer Price Index, Clothing And Footwear Fell 0.5%

2011/4/25 9:03:00 56

according to

Malaysia

Statistics released by the Statistics Bureau show that the country's (2011) March

Consumer

The price index was 102.4, an increase of 3% over the same period (2010) in the same period (99.4), reaching a new high of nearly 23 months.

market

Prediction is consistent.

Malaysia

Economics

Scholars believe that global food and raw materials

product

Soaring prices, coupled with food and pportation in Malaysia

Price

Higher, leading to product opening.

Price

Rise.

The market foresees that Malaysia's inflation rate will gradually increase in the coming months. The Central Bank of Malaysia will bear more pressure to raise interest rates. It is expected that the bank will start in the second half of this year.

interest rate

Normalization.

In March, the prices of major consumer goods increased significantly, including alcoholic beverages and cigarettes (up 6.4%), restaurants and hotels (up 5.1%) and traffic (up 4.4%); other items of price increase included non-alcoholic beverages and foods (up 4.3%), health (up 2.5%), education (up 1.9%), real estate, water, electricity, gas and other fuels (up 1.5%), miscellaneous products and services (up 1.4%), and furniture, household equipment and daily necessities (up 1.1%).

Leisure, service and cultural prices remain unchanged.

The decline was for clothing and footwear (down 0.5%) and communication (down 0.3%).

The cumulative consumer price index for Malaysia from 1 to March is 102.2, up 2.8% from 99.4 in the same period last year.