Consumer Price Index Malaysia November 2016

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 Hours, Wednesday, 21 December 2016 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE CONSUMER PRICE INDEX MALAYSIA NOVEMBER 2016
2. SUMMARY OF FINDINGS The overall index for CPI rose at higher rate by 1 .8 per cent to 116.9 from 114.8 in the corresponding month of the preceding year. The increase in the indices for Food & Non-Alcoholic Beverages (+3.8 per cent ) and Housing, Water, Electricity, Gas & Other Fuels (+2.1 per cent) were offset by the decrease in the indices of Communication (-2.7 per cent), Transport (-1.5 per cent) and Communication (-0.5 per cent) (Table 1). Chart 1: Consumer Price Index: Index Number for Overall and Selected Main Groups The index of transport group showed a small decline of 1.5 per cent on year-on-year basis in November 2016 after falling 5.5 per cent in October and September 2016 respectively. Although the average price of 1 liter of petrol RON95 increased to RM1.95 in November 2016, it was lower than the price in November 2015 (RM2.05). As for RON97 the average price went up to RM2.30 in November 2016 from RM2.15 in October 2016. However, the price of RON97 in November 2016 was lower than in November 2015. The index for Food & Non-Alcoholic Beverages increased 3.8 per cent in November 2016. The increase was fuelled by the food sub-group which encapsulated of Oils & Fats (+36.6 per cent); Meat (+6.0 per cent); Fish & Seafood (+4.5 per cent) and Vegetables (+3.6 per cent). As for Food Away From Home index, it continued to rise in November 2016, showed an increase of 3.4 per cent.
3. Chart 2 : Consumer Price Index: Annual Percentage Change for Food & Non-Alcoholic Beverages Among the index of food items which recorded notable increases in November 2016 compared to the same period last year were Cooking Oil (+45.6 per cent); Chicken (+10.0 per cent); Cuttlefish (+7.8 per cent); Spanish Mackerel (Fish) (+7.2 per cent); Indian Mackerel (Fish) (+5.4 per cent); Prawn (+4.8 per cent) and Red Snapper (Fish) (+4.5 per cent). Meanwhile, decreases were registered in the index of some food items such as Carrots (-9.2 per cent); Onion, Big (-7.5 per cent) and Tomatoes (-3.6 per cent). The index for Food & Non-Alcoholic Beverages recorded an increase higher than the rate of overall CPI. The increase in the index for Food & Non-Alcoholic Beverages was reflected in each state in Malaysia especially those in highly urbanised states such as Wilayah Persekutuan Kuala Lumpur, Selangor & Wilayah Persekutuan Putrajaya, Pulau Pinang, Johor and also Melaka.
4. Chart 3 : Consumer Price Index: Annual Percentage Change for Food & Non-Alcoholic Beverages by State Six states recorded higher increases for Food & Non-Alcoholic Beverages index above the national level index for November 2016 compared to the corresponding month in 2015. The index for Food & Non-Alcoholic Beverages rose 5.2 per cent in Melaka, 4.8 per cent in Johor, 4.5 per cent in Pulau Pinang, 4.1 per cent in Selangor & Wilayah Persekutuan Putrajaya, 4.0 per cent in Wilayah Persekutuan Kuala Lumpur and 3.9 per cent in Negeri Sembilan. On a monthly basis, the index for Food & Non-Alcoholic Beverages increased 1.0 per cent in November 2016 following a decrease of 0.3 per cent in October 2016. Meanwhile, the index for Non-Food also recorded an increase of 1.0 per cent in November2016 compared with the preceding month. As for Alcoholic Beverages & Tobacco, the 19.8 per cent increase was due to the higher price of tobacco starting November 2015. However, the index started to ease up and registered a 1.9 per cent increase as shown in the November 2016. Based on a seasonally adjusted term, the overall CPI for November 2016 increased by1.0 per cent as compared to October 2016 (Table 1). Core inflation rose 2.2 per cent in November 2016 compared to the same month of the previous year. Among the major groups which act as catalysts to the higher core rate were price increases for Transport (+3.5 per cent); Food & Non-Alcoholic Beverages (+3.4 per cent); Recreation Services & Culture (+3.2 per cent); Health (+2.5 per cent) and Housing, Water, Electricity, Gas & Other Fuels (+2.3 per cent) (Table 3).
5. CPI changes for the period January - November 2016 / 2015 CPI for the period January to November 2016 registered an increase of 2.1 per cent as compared to the same period last year. This follows 2.1 per cent increase in the period January to October 2016 and a 2.2 per cent increase in the period January to September 2016. The index for Food & Non-Alcoholic Beverages were the main upward contributor to the CPI rise in the period January – November 2016, registered an increase of 3.9 per cent. The increase was the result of increases in the index for Food At Home (+4.1 per cent); Food Away From Home (+3.9 per cent) and Coffee, Tea, Cocoa & Non-Alcoholic Beverages (+1.2 per cent). Among the subgroups of Food At Home which showed significant increases during this period as shown in Table 2 were Vegetables (+6.6 per cent); Fish & Seafood (+6.4 per cent); Fruits (+5.0 per cent); Meat (+3.8 per cent) and Oils & Fat (+3.8 per cent). The index for Housing, Water, Electricity, Gas & Other Fuels rose 2.5 per cent. Other major groups which contributing to the CPI rise during this period were Alcoholic Beverages & Tobacco (+19.0 per cent); Miscellaneous Goods & Services (+2.9 per cent); Restaurants & Hotels (+2.8 per cent) and Health (+2.8 per cent). The increases however were partly offset by Transport group which registered a decrease of 4.9 per cent due to lower prices for petrol. Core inflation, which excludes most volatile items of fresh food, as well as administered prices of goods and services records changes ranging from 2.0 per cent to 3.6 per cent in the period January - November 2016 compared to the same period of the previous year. Table 1: Consumer Price Index for Main Groups, Malaysia (2010=100)
6. Table 2 : Consumer Price Index for Sub-Groups of Food and Non-Alcoholic Beverages, Malaysia (2010=100) Table 3: Headline CPI and Core Index by Main Groups, Malaysia (2010=100)
7. Released By : THE OFFICE OF CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA 21 December 2016 Contact person: Ho Mei Kei Public Relation Officer Corporate and User Services Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : mkho[at]stats.gov.my