Consumer Price Index

Overview
The Consumer Price Index (CPI) for August 2015 increased by 3.1 per cent to 113.9 compared with 110.5 in the same month last year. The rise in the CPI was led by increases in the index for Alcoholic Beverages & Tobacco group by 13.4 per cent; Health by 4.7 per cent; Restaurants & Hotels (+4.5 per cent); Miscellaneous Goods and Services (+4.5 per cent); Food & Non-Alcoholic Beverages (+4.2 per cent) and Furnishing, Household Equipment & Routine Household Maintenance (+3.7 per cent). These six groups of goods and services which weighted 47.4 contributed 75.7 per cent to the increase in the CPI for the month of August 2015. In addition, the overall index is also influenced by the increase in Communication (+3.0 per cent); Housing, Water, Electricity, Gas & Other Fuels group by 2.7 per cent and Education (+2.5 per cent).

Overall, the index for Food & Non-Alcoholic Beverages (weight: 30.3) rose 4.2 per cent on a year-on-year basis in August 2015. Meanwhile, the index for Non-Food (weight: 69.7) recorded an increase of 2.5 per cent (Chart 1 and Table 1).

On a monthly basis, CPI for August 2015 remained unchanged at 113.9. CPI for the first eight months in 2015 registered an increase by 1.9 per cent as compared to the same period last year.


 
 

Monthly Changes for CPI

When compared with the previous month CPI for August 2015 remained unchanged at 113.9. Of the twelve major groups, nine recorded an increase, two registered a decline while one remained unchanged. Among the major groups which recorded increases in August 2015 were Housing, Water, Electricity, Gas & Other Fuels (+0.7 per cent); Food & Non-Alcoholic Beverages (+0.5 per cent); Furnishings, Household Equipment & Routine Household Maintenance (+0.3 per cent); Education (+0.3 per cent); Recreation Services & Culture (+0.2 per cent); and Restaurants & Hotels (+0.2 per cent). On the other hand, a decrease was recorded in the index of Transport and Clothing & Footwear by 2.7 per cent and 0.2 per cent respectively.

Based on a seasonally adjusted term, the CPI for August 2015 remained unchanged at 113.9 as compared to July 2015 (Table 1).

 

Table 1 : CONSUMER PRICE INDEX FOR MAIN GROUPS, MALAYSIA (2010=100)
 
Group
 
Wt.
Index
Year-on-Year Percentage Change
Month-on-Month Percentage Change
Seasonally Adjusted Index
Aug 2015
July 2015/    July 2014
Aug 2015/    Aug 2014
Jan - Aug 2015/2014
July 2015/
June 2015
Aug 2015/
July 2015
Aug 2015 % Change  Aug 2015/ July 2015
TOTAL
100.0
113.9 3.3 3.1 1.9 0.8 0.0 113.9 0.0
Food & Non-Alcoholic Beverages
30.3
120.5 3.8 4.2 3.2 0.8 0.5 120.6 0.7
Alcoholic Beverages & Tobacco
2.2
138.1 13.3 13.4 11.8 1.8 0.1 138.1 0.1
Clothing & Footwear
3.4
98.8 0.9 0.7 0.4 -0.2 -0.2 98.8 -0.2
Housing, Water, Electricity, Gas & Other Fuels
22.6
112.2 2.5 2.7 2.3 0.0 0.7 112.0 0.4
Furnishings, Household Equip. & Routine Household Maintenance
4.1
110.7 3.9 3.7 2.1 0.4 0.3 110.7 0.3
Health
1.3
115.6 4.8 4.7 4.3 0.1 0.1 115.6 0.1
Transport
14.9
109.9 1.6 -1.2 -4.1 3.1 -2.7 109.9 -2.7
Communication
5.7
100.5 2.8 3.0 1.3 0.1 0.1 100.5 0.1
Recreation Services & Culture
4.6
107.2 1.9 2.1 1.3 0.2 0.2 107.2 0.2
Education
1.4
112.8 2.4 2.5 2.4 0.0 0.3 113.0 0.4
Restaurants & Hotels
3.2
122.8 4.6 4.5 4.0 0.2 0.2 122.8 0.2
Miscellaneous Goods & Services
6.3
110.4 4.7 4.5 3.3 0.2 0.0 110.4 0.0
Non-Food
69.7
111.0 3.0 2.5 1.3 0.8 -0.2 111.0 -0.2
 
The 0.5 per cent rise in the index for Food & Non-Alcoholic Beverages in August 2015 compared with the previous month was the result of increases in the index for Food At Home by 0.6 per cent; Food Away From Home (+0.3 per cent) and Coffee, Tea, Cocoa & Non-Alcoholic (+0.2 per cent).
 
Among the food items which recorded notable increases in August 2015 compared with the previous month were Spinach (+11.2 per cent); Choy Sum (+7.6 per cent); Cucumber (+6.7 per cent); Long Bean  (+6.6 per cent); Shallots (+5.6 per cent); Red Chillies (+3.6 per cent); Carrots (+3.5 per cent); Indian Mackerel (Fish) (+3.2 per cent); Beef (+1.4 per cent); Threadfin Bream (Fish ) (+1.3 per cent); and Chicken (+0.2 per cent).
 
Meanwhile, the index of some food items decreased in August 2015 compared with the previous month. Among these food items were Tomatoes (-6.0 per cent); Cauliflower (-5.3 per cent);   Round Scad (Fish) (-3.3 per cent); Round Cabbage (-2.7 per cent); and Selar Scad (Fish) (-1.1 per cent).
 
Table 2 : CONSUMER PRICE INDEX FOR SUB-GROUPS OF FOOD AND NON-ALCOHOLIC BEVERAGES, MALAYSIA (2010=100)
 
Sub-Groups
Wt.
Index Year-on-Year Percentage Change Month-on-Month Percentage Change
Aug 2015
July 2015/    July 2014
Aug 2015/    Aug 2014
Jan - Aug 2015/2014
July 2015/  June 2015
Aug 2015/    July 2015
Food & Non-Alcoholic Beverages 30.3 120.5 3.8 4.2 3.2 0.8 0.5
Food 28.9 120.9 3.8 4.3 3.2 0.8 0.5
Food At Home 18.9 120.4 3.6 4.3 3.0 1.0 0.6
Rice, Bread & Other Cereals 4.4 107.7 1.9 2.0 1.5 0.1 0.2
Meat 2.9 120.1 2.2 3.4 1.8 -0.3 0.4
Fish & Seafood
4.5 131.7 4.1 4.8 3.3 2.3 0.6
Milk & Eggs 1.8 122.2 4.3 3.5 5.6 0.2 -0.2
Oils & Fats 0.6 101.8 0.7 0.9 0.5 -0.2 0.3
Fruits 1.2 122.3 4.8 5.4 3.1 1.8 0.9
Vegetables 2.1 122.3 7.5 10.1 5.3 2.1 2.6
Sugar, Jam, Honey, Chocolate & Confectionary 0.6 132.0 2.0 2.1 1.6 -0.1 0.2
Foof Products n.e.c 0.8 120.1 5.1 5.3 4.0 0.3 0.3
Food Away From Home 10.0 122.0 4.2 4.4 3.7 0.6 0.3
Coffee, Tea, Cocoa & Non-Alcoholic Beverages 1.4 111.3 3.2 3.1 2.1 0.0 0.2

CPI changes for the period January – August 2015 / 2014

The increase of 1.9 per cent in the CPI for the first eight months in 2015 was led by increases among the main groups with high weights: Food & Non-Alcoholic Beverages (+3.2 per cent) and Housing, Water, Electricity, Gas & Other Fuels (+2.3 per cent). Other increases were Alcoholic Beverages & Tobacco (+11.8 per cent); Health (+4.3 per cent); Restaurants & Hotels (+4.0 per cent); and Miscellaneous Goods & Services (+3.3 per cent). On the other hand, a decrease was recorded in the index of Transport by 4.1 per cent

 Based on the above changes and the weights assigned to the main groups, the relative contribution to the overall increase of 1.9 per cent in the CPI is shown in Table 3.       

 Table 3 : CONTRIBUTION TO THE CHANGES IN THE OVERALL CONSUMER PRICE INDEX BY MAIN GROUPS, MALAYSIA (2010=100)

 
Group
Wt.
2014 / 2013
August  2015 / 2014
January - August 2015 / 2014
% Change % Contribution % Change % Contribution % Change % Contribution
TOTAL 100.0 3.2 100.0 3.1 100.0 1.9 100.0
Food & Non-Alcoholic Beverages 30.3 3.3 34.0 4.2 44.3 3.2 54.9
Alcoholic Beverages & Tobacco
2.2 11.6 8.3 13.4 10.4 11.8 15.1
Clothing & Footwear 3.4 -0.2 -0.3 0.7 0.6 0.4 0.4
Housing, Water, Electricity, Gas & Other Fuels 22.6 3.4 24.1 2.7 19.8 2.3 28.9
Furnishings, Household Equipment & Routine Household Maintenance 4.1 1.0 1.3 3.7 4.9 2.1 4.4
Health 1.3 2.9 1.2 4.7 2.0 4.3 3.1
Transport 14.9 4.9 23.1 -1.2 -5.2 -4.1 -33.3
Communication 5.7 -0.7 -1.3 3.0 4.9 1.3 3.4
Recreation Services & Culture 4.6 1.5 2.2 2.1 3.1 1.3 3.1
Education
1.4 2.4 1.1 2.5 1.1 2.4 1.8
Restaurant & Hotel 3.2 4.7 5.0 4.5 5.1 4.0 7.2
Miscellaneous Goods & Services 6.3 0.7 1.3 4.5 9.0 3.3 11.0
 

The increase of 3.2 per cent  in the index for Food & Non-Alcoholic Beverages was the result of increases for Food At Home (+3.0 per cent); Food Away From Home (+3.7 per cent) and Coffee, Tea, Cocoa & Non-Alcoholic Beverages (+2.1 per cent). Among the subgroups of Food At Home which showed significant increases during this period as shown in Table 2 were Milk & Eggs (+5.6 per cent); Vegetables (+5.3 per cent); Fish & Seafood (+3.3 per cent); and Fruits (+3.1 per cent).

 

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
23 September 2015

Contact person:

Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : norrita.amran@stats.gov.my

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