Malaysia's Consumer Price Index Rose 3.3% In November, But Clothing And Footwear Fell 0.3%.

According to the data released by the Malaysia Statistical Bureau, it was (2011) November. consumption The price index was 104.1, up 3.3% from the same period (2010) in the same period (100.8), which is in line with the market forecast.

Malaysia economists believe that Malaysia's inflation rate increased in November this year, mainly due to rising food and transportation costs.

Based on the slowing down effect of external factors and the outlook of domestic economic growth, it is estimated that the Central Bank of Malaysia will continue to adopt a loose monetary policy and maintain the existing overnight interest rate to support economic growth.

It is predicted that the inflation rate will slow down in the next few months in Malaysia, and the weakness of the Malaysian dollar. Imported Food price Rise Or bring worries.

In November, the prices of major consumer goods increased significantly, including restaurants and hotels (up 5.8%), alcoholic beverages and cigarettes (up 5%), and non-alcoholic beverages and foods (up 4.7%).

Other price increases include transportation (up 4.6%), health care (up 2.8%), miscellaneous products and services (up 2.4%), education (up 2.1%), leisure, service and culture (up 1.9%), real estate, water, electricity, gas and other fuels (up 1.8%) and furniture, household equipment and daily necessities (up 1.8%).

The decline was for clothing and footwear (down 0.3%) and communication (down 0.2%). The cumulative consumer price index for Malaysia from 1 to November is 103.1, up 3.2% from 99.9 in the same period last year.