Consumer Price Index (CPI) declined 1.4 per cent in December 2020 to 120.6 as against 122.3 in the same month of the preceding year. The decrease in the overall index was attributed by the decline in Transport (-8.4%); Housing, Water, Electricity, Gas & Other Fuels (-3.3%); Clothing & Footwear (-0.4%); Restaurants & Hotels (-0.2%) and Furnishings, Household Equipment & Routine Household Maintenance (-0.1%) which contributed 48.6 per cent to overall weight.
Nevertheless, Food & Non-Alcoholic Beverages increased by 1.4 per cent to 135.8 as compared to 133.9 in corresponding month of the preceding year. This group contributes 29.5 per cent of CPI weight. Similarly, Miscellaneous Goods & Services inclined by 2.2 per cent, followed by Health (1.0%), Alcoholic Beverages & Tobacco (0.6%), Education (0.6%) and Recreation Services & Culture (0.2%).
Chart 1: Percentage Change of Consumer Price Index by Main Group
Although year-on-year CPI decreased, CPI on a monthly basis increased by 0.5 per cent as compared to November 2020. The increase was attributed by Transport (3.0%) and Alcoholic Beverages & Tobacco (0.5%).
Meanwhile, CPI for the fourth quarter of 2020 decreased 1.5 per cent to 120.3 as compared to 122.1 in the same quarter of the previous year. On a quarterly basis, the CPI increased 0.2 per cent as compared to the third quarter of 2020.
The CPI for the year 2020 registered a decrease of 1.2 per cent as compared to last year.
Index for Group Food and Non-Alcoholic Beverages
Table 1: Percentage Change for Subgroup Food & Non-Alcoholic Beverages
The index for Food & Non-Alcoholic Beverages increased 1.4 per cent in December 2020 as compared to the same month of the previous year. Among the subgroup that showed an increase include Vegetables (3.6%), Food products not elsewhere classified (2.4%), Meat (2.2%), Oil & fats (1.9%), Fruits (1.2%), Fish & seafood (0.9%), and Rice bread & other cereals (0.7%).
Among the index of goods which recorded year-on-year price increase in most states were Ginger (24.3%), Bird’s eye chilli (17.5%), Fresh chilli red (15.6%), Fresh chilli green (12.3%) and Round cabbage (12.1%).
Meanwhile, the index for Food away from Home increased 1.6 per cent in December 2020 as against December 2019. The increase in price of Cooked beef, Burger, Cooked fish and Satay contributed to the increase of the index of this subgroup.
Consumer Price Index by State
The index for all states decreased between -0.9 to -2.2 per cent in December 2020 as compared to December 2019. The highest decrease was recorded by Kedah & Perlis at -2.2 per cent. This was followed by Sabah & Wilayah Persekutuan Labuan (-2.0%), Johor (-2.0%), Melaka (-2.0%), Sarawak (-1.9%) and Negeri Sembilan (-1.9%).
However, all states registered an increase in the index of Food & Non-Alcoholic Beverages. The highest increase was recorded by Pahang at 2.3 per cent. This was followed by Selangor & Wilayah Persekutuan Putrajaya (2.2%), Perak (2.0%), Terengganu (2.0%) and Negeri Sembilan (1.7%).
Chart 2: Percentage Change of Food & Non-Alcoholic Beverages Group by State
CPI without Fuel
The CPI without fuel fell 0.1 per cent in December 2020 to 112.8 as compared to 112.9 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.
Chart 3: Percentage Change of CPI without Fuel, Jan 2019 - December 2020
Core index rose 0.7 per cent in December 2020 as compared to the same month of the previous year. Among the major groups which influenced the increase were Miscellaneous Goods & Services (2.2%), Food & Non-Alcoholic Beverages (1.2%), Health (1.0%), Housing, Water, Electricity, Gas & Other Fuels (0.6%) and Education (0.6%).
Core index excludes most volatile items of fresh food as well as administered prices of goods and services.
Table 2: Percentage Change of Headline CPI, Seasonally Adjusted Index and
Core Index by Main Group
The full publication of the Consumer Price Index Malaysia, December 2020 can be downloaded from eStatistik portal.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
22 January 2021
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