Selangor Journal

Food & drink CPI recorded higher increase

KUALA LUMPUR, DEC 26: Food and Non-alcoholic Beverages group index recorded a higher increase than the overall Consumer Price Index (CPI).
The increase in Food and Non-alcoholic Beverages group index is reflected in all states in Malaysia especially in cities like the Federal Territories of Kuala Lumpur and Putrajaya, Penang, Johor and Malacca.
The increase is driven by the oil and fat food sub-group index (+36.6%), meat (+6.0%), fish and seafood (+4.5%), and vegetables (+3.6%).
The overall CPI increased higher at 1.8% in November 2016 to 116.9, as compared to 114.8 in the same month last year.
Based on seasonal adjusting terms, CPI for November 2016 rose as much as 1.0% compared to October 2016.
Inflation continued to increase by 2.2% in November 2016 as compared to the same month last year.
The index rise for Food and Non-alcoholic Beverages (+3.8%) and Housing, Water, Electricity, Gas and Other Fuels (+2.1%) are offset by index decline for Communication by 2.7%, Transportation (-1.5%) and Clothing & Footwear (-0.5%).
Transportation group index showed a smaller decline of 1.5% on a year-to-year basis for November 2016, after declining by 5.5% respectively in October and September 2016.
The Food Outside of Home index continued to rise in November 2016 by 3.4%.
Among food indexes showing notable increase in November 2016 compared to the same period in the previous year are cooking oil (+45.6%), chicken (+10.0%), squid (+7.8%), Spanish Mackerel (+7.2%), mackerel (+5.4 peratus), prawn (+4.8 peratus) dan Red Snapper (+4.5 peratus).
Meanwhile, several food group indexes showed declines such as carrot (-9.2%), red onion (-7.5%) and tomato (-3.6%).

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