Malaysia's inflation remains at 1.8 pct in April for 3 consecutive months-Xinhua

Malaysia's inflation remains at 1.8 pct in April for 3 consecutive months

Source: Xinhua

Editor: huaxia

2024-05-24 16:44:45

KUALA LUMPUR, May 24 (Xinhua) -- Malaysia's inflation remained at 1.8 percent in April for three consecutive months with the index points recorded at 132.4 as against 130 in the same month of the previous year, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that the increase in inflation in April was driven by the increases in the main group of restaurant and accommodation services (3.5 percent), personal care, social protection and miscellaneous goods and services (3.1 percent), and housing, water, electricity, gas and other fuels (3 percent).

According to the DOSM, the overall monthly inflation for April recorded an increase of 0.2 percent as compared to 0.1 percent recorded in March.

Meanwhile, the core inflation in April increased to 1.9 percent as compared to 1.7 percent recorded in March.