Thursday, March 29, 2012

Malaysia Shoes CPI Index Declined in February

According to the Department of Statistics Malaysia are published data show that, on the country's (2012) February consumer price index was 104.5, compared to the same period last year (2011) (102.3) increased by 2.2% higher than the market forecast of 2.3% to 2.4% low, compared to (1) month 2.7% lower, indicating inflationary pressures in Malaysia continued to slow growth.
Malaysia economists believe Malaysia in February this year, the slowdown in the growth of inflation, the main due to the Lunar New Year festive effect in January has passed, as well as the original product price adjustments. Estimated that the Central Bank of Malaysia will continue to take the loose monetary policy to maintain the current overnight rate to support economic growth.
The major increase in the prices of consumer goods in February Notably, including restaurants and hotels (up 4.1 percent), non-alcoholic beverages and food (up 3.8 percent), and leisure, services and culture (up 3.2 percent); prices include education ( rose 3.0%), miscellaneous products and services (rising 2.9 percent), health (rising 2.2 percent), furniture, household equipment and daily necessities, maintenance (rose 2.0%), real estate, water, electricity, gas and other fuels (rising 1.8 percent) and transport (up 1.5 percent).
Dropped the project communications (down 0.6 percent), clothing and footwear (-0.4%). The price of alcoholic beverages and cigarettes will remain unchanged. The cumulative consumer price index in Malaysia this year, 1-2 months was 104.5%, up 2.4 percent from a year earlier.
It's written by GoodLandShoes date 3.30.2012

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