Glossary A-Z

Description 1

The price of a good or service is defined as the value of one unit of that good or service.

Source : National Accounts
Source Detail : Gross Domestics Product (GDP)

Description 2

The prices used in the calculation of the CPI are retail prices or transacted prices including all taxes imposed on those goods and services.

Prices are collected on a monthly basis for all items except for perishable food items where the collection is done on weekly basis. Rents are collected once in a quarter.

Source : Prices
Source Detail : Consumer Price Index Malaysia