CPI up 2.7% in January


Rising prices: A file picture showing fish for sale at a wet market in Johor Bahru. Higher prices in 10 main groups led to a 2.7 growth in CPI in January. — Reuters

KUALA LUMPUR: The Consumer Price Index (CPI), which measures headline inflation, rose by 2.7% to 121.3 in January from 118.1 in the same month in 2017 due to higher prices in 10 main groups.

The groups recording the biggest price growth were transport (5.7%), food and non-alcoholic beverages (3.8%), and furnishings, household equipment and routine household maintenance (2.6%), the Department of Statistics (DoS) announced yesterday.

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Business , CPI , inflation , economy , rising prices , January ,

   

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