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Financial News: Malaysia Inflation Rises In September

Malaysia Inflation Rises In September

10/22/2021 - 00:57:00 (RTTNews)

(RTTNews) - Malaysia's consumer prices inflation rose in September, data from the Department of Statistics showed on Friday.

Consumer price inflation rose to 2.2 percent in September from 2.0 percent in August. Economists had expected the inflation rise 2.1 percent.

The annual growth was largely driven by the rise in prices of transport by 11.0 percent.

Prices for furnishings, households equipment and routine household maintenance rose 1.7 percent. Prices for food and non-alcoholic beverages gained 1.9 percent and those for recreation services and culture rose by 0.6 percent.

The core inflation was 0.6 percent in September.

On a monthly basis, consumer prices rose 0.2 percent in September.

In the third quarter, consumer prices rose 2.2 percent annually and declined 0.4 percent from the previous quarter.

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