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Feb CPI down 0.4%

  • The Statistics Dept says Malaysia's CPI fell 0.4% y-o-y in February, with significant decline in transport index.

KUALA LUMPUR, Mar 22 (MySinchew) -- The Statistics Department said Malaysia's Consumer Price Index (CPI) fell 0.4% in February 2019 from a year ago, with significant decline in transport index.

However, the February figure was still higher than the 0.3% contraction anticipated by the market.

This is the second consecutive month of contraction after the country first experienced a deflation in January.

 

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