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Consumer Price Index in 2018 rose by 1.0%
Almost 1/3 of CPI contributed by Food & Non-Alcohol Beverages

Consumer Price Index Malaysia February 2021

Release Date : Wednesday 24, March 2021 1200

 

 

Summary Findings

Consumer Price Index (CPI) increased 0.1 per cent in February 2021 to 122.5 as against 122.4 in the same month of the preceding year. The increase in the overall index was driven by the index of Miscellaneous Goods & Services (1.6%); Food & Non-Alcoholic Beverages (1.4%); Alcohol Beverages & Tobacco (0.7%); Health (0.7%); Furnishings, Household Equipment & Routine Household Maintenance (0.3%); Recreation Services & Culture (0.1%) and Education (0.1%) which contributed 50.7 per cent  to overall weight.

Nevertheless, Transport decreased by 2.0 per cent to 111.6 as compared to 113.9 in corresponding month of the preceding year. This group contributes 14.6 per cent of CPI weight. Similarly, Housing, Water, Electricity, Gas & Other Fuels declined by 0.8 per cent, followed by Clothing & Footwear (-0.4%) and Restaurants & Hotels (-0.3%).

Meanwhile, the CPI for the period January to February decreased 0.1 per cent as compared to the same period last year.

Chart 1: Percentage Change of Consumer Price Index by Main Group

On a monthly basis, CPI increased by 0.3 per cent as compared to January 2021. The increase was attributed by Transport (2.3%); Housing, Water, Electricity, Gas & Other Fuels (0.2%) and Furnishings, Household Equipment & Routine Household Maintenance (0.2%).

CPI without Fuel 

The CPI without fuel increased 0.4 per cent in February 2021 to 113.6 as compared to 113.1 in the same month of the preceding year. CPI without fuel covers all goods and services except Unleaded Petrol RON95, Unleaded Petrol RON97 and Diesel.

Core Index

Core index rose 0.7 per cent in February 2021 as compared to the same month of the previous year. Among the major groups which influenced the increase were Miscellaneous Goods & Services (1.6 %); Food & Non-Alcoholic Beverages (1.1%); Health (0.7%); Transport (0.5%); Housing, Water, Electricity, Gas & Other Fuels (0.4%); Furnishings, Household Equipment & Routine Household Maintenance (0.3%); Education (0.1%) and Recreation Services & Culture (0.1%).

Core index excludes most volatile items of fresh food as well as administered prices of goods and services

Consumer Price Index by State 

Seven states namely Terengganu (0.8%), Kelantan (0.7%), Selangor & Wilayah Persekutuan Putrajaya (0.4%), Wilayah Persekutuan Kuala Lumpur (0.2%), Pulau Pinang (0.2%), Perak (0.2%) and Pahang (0.2%) surpassed the national CPI rate of 0.1 per cent in February 2021 as compared to February 2020.

All states except Sabah & Wilayah Persekutuan Labuan registered an increase in the index of Food & Non-Alcoholic Beverages. The highest increase was recorded by Selangor & Wilayah Persekutuan Putrajaya and Terengganu at 2.1 per cent respectively. This was followed by Kelantan (2.0%), Pahang (1.6%) and Perak (1.5%).

 

Chart 2: Percentage Change of Food & Non-Alcoholic Beverages Group by State

 

The full publication of the Consumer Price Index Malaysia, February 2021 can be downloaded from eStatistik portal.

 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA

DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin      Dr_Uzir

24 March 2021

 

Contact person:

Mohd Yusrizal bin Ab. Razak 
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my

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