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: 阿克苏市| 五原县| 建水县| 龙川县| 天柱县| 遵义县| 闵行区| 博野县| 慈利县| 石楼县| 德安县| 江口县| 独山县| 涞水县| 荥阳市| 龙川县| 洛扎县| 留坝县| 阿合奇县| 察雅县| 乐业县| 什邡市| 巴中市| 东兴市| 邹城市| 闽侯县| 临武县| 秀山| 南溪县| 亳州市| 磴口县| 齐河县| 固阳县| 汨罗市| 乡宁县| 醴陵市| 黄大仙区| 通州区| 长乐市| 清丰县| 儋州市|