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Malaysia's inflation remains at 1.5 pct in December 2023

KUALA LUMPUR
2024-01-22 13:26

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KUALA LUMPUR, Jan. 22 (Xinhua) -- Malaysia's headline inflation rate stayed at 1.5 percent in December 2023 with the index points recorded at 131.2 as against 129.2 in the same month of the previous year, official data showed Monday.

The Department of Statistics Malaysia said in a statement that the increase in the inflation was driven by the slight increases in restaurants and hotels, miscellaneous goods and services, and food and non-alcoholic beverages.

Other main groups that showed increases were health and transport.

Meanwhile, the annual headline inflation in 2023 increased by 2.5 percent as compared to 3.3 percent in 2022.

This was due to an increase in the restaurants and hotels, food and non-alcoholic beverages and miscellaneous goods and services.
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