国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Malaysia's inflation falls in February for second consecutive month

Source: Xinhua| 2019-03-22 16:28:22|Editor: xuxin
Video PlayerClose

KUALA LUMPUR, March 22 (Xinhua) -- Malaysia's inflation as measured by consumer price index (CPI) fell 0.4 percent year-on-year in February, official data showed on Friday.

This was the second month in a row in which prices fell. In January, the CPI dropped 0.7 percent year-on-year, the first negative growth since November 2009.

According to a statement from the Malaysian Statistics Department, the decrease of CPI in February was mainly due to the transport index which contributed 14.6 percent to overall CPI weight.

The decrease, however, was partly mitigated by the increase of housing, water, electricity, gas and other fuels that rose 2 percent year-on-year.

The food and non-alcoholic beverages which contributed 29.5 percent of CPI weights also increased 1 percent.

The CPI for the period of January to February declined by 0.5 percent as compared to the same period last year.

On a monthly basis, CPI increased 0.2 percent as compared to January.

Core index increased 0.3 percent in February as compared to the same month of the previous year.

As February CPI contracted for the second consecutive month, analysts believe that it further cements the case for a rate cut for Malaysia.

"The headline CPI figure did edge higher by 0.2 percent month-on-month, but even so, the underlying momentum does not suggest that inflation will become a constraint to policy easing," ANZ Research said in a note on Friday.

The research house, therefore, expects a single cut of 25 basis points in the overnight policy rate in May.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001379157551
主站蜘蛛池模板: 北流市| 婺源县| 龙口市| 彰化市| 大理市| 安康市| 雅安市| 高密市| 景德镇市| 德江县| 广昌县| 丽江市| 外汇| 太保市| 滦南县| 萝北县| 怀集县| 略阳县| 汉沽区| 奉节县| 汽车| 神木县| 色达县| 金沙县| 筠连县| 蒲江县| 陆河县| 泗洪县| 长兴县| 班玛县| 广宁县| 信阳市| 河北区| 化州市| 永顺县| 博野县| 上犹县| 阿瓦提县| 偃师市| 张家川| 嵊泗县|