Malaysia's Consumer Price Index (CPI) declined 1.4 per cent year-on-year (y-o-y) to 120.1 in August 2020 from 121.8 in the same month last year, said the Department of Statistics Malaysia (DoSM).
However, on a monthly basis, the CPI increased 0.2 per cent compared to July 2020, attributable to the rise in miscellaneous goods and services (0.7 per cent), transport (0.4 per cent), housing, water, electricity, gas and other fuels (0.2 per cent), food and non-alcoholic beverages (0.1 per cent), alcoholic beverages and tobacco (0.1 per cent), health (0.1 per cent) and restaurants and hotels (0.1 per cent) indices.
Commenting on the y-o-y decline, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the decrease in the overall index was due to the decline in transport (-9.9 per cent), housing, water, electricity, gas and other fuels (-3.0 per cent), clothing and footwear (-0.6 per cent), furnishings, household equipment and routine household maintenance (-0.1 per cent) indices, which contributed 45.7 per cent to the overall weight.
"The food and non-alcoholic beverages index increased by 1.3 per cent y-o-y to 135.2 compared with 133.5 previously.
"This group contributes 29.5 per cent to CPI weight," he said in a statement today.
Meanwhile, he said the CPI without fuel shows a positive rate of 0.2 per cent in August 2020 compared to July 2020.
"CPI without fuel covers all goods and services, except unleaded petrol RON95, RON97 and diesel," he added.
Mohd Uzir said the RON95’s average price in August 2020 decreased to RM1.68 per litre versus RM2.08 in August 2019, while RON97 dropped to RM1.98 per litre from RM2.51 and diesel fell to RM1.81 per litre from RM2.18 previously.
CPI for January to August 2020 slid 1.0 per cent from the same period last year, attributable to the fall in transport (-10.0 per cent), clothing and footwear (-1.0 per cent) and housing, water, electricity, gas and other fuels (-1.0 per cent) indices.
Meanwhile, the CPI for all states decreased between -0.7 to -2.2 per cent y-o-y in August 2020, with the highest decrease seen in Melaka (-2.2 per cent y-o-y) as well as Sabah and Labuan (both -2.2 per cent y-o-y), followed by Kedah and Perlis (both -2.1 per cent y-o-y) and Sarawak (-2.1 per cent y-o-y).
"However, all states registered an increase in the index of food and non-alcoholic beverages.
“The highest increase was recorded by Selangor and Putrajaya (2.3 per cent), followed by Johor (1.7 per cent), Terengganu (1.5 per cent), Perak (1.4 per cent), Negeri Sembilan (1.4 per cent) and Pahang (1.4 per cent), which surpassed the national index of 1.3 per cent,” Mohd Uzir added.
-- BERNAMA
Bernama
Wed Sep 23 2020
Datuk Seri Dr Mohd Uzir Mahidin said the CPI without fuel covers all goods and services, except unleaded petrol RON95, RON97 and diesel, Sept. 23 2020. BERNAMApic
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.