Inflation rises to 3.3% in April
The Department of Statistics Malaysia says the rise in the inflation rate in April was driven mainly by restaurants and hotels, and food and non-alcoholic beverages. – The Malaysian Insight file pic, May 26, 2023.
Nevertheless, the slower increase in the transport group compared with March 2023’s 2.4% had offset a further rise in inflation to a certain extent, he said. He said the food-at-home component moderated to 5% in April, compared with 5.6% recorded in the previous month. “The Menu Rahmah initiative, introduced by the government, to some extent, helped in easing the inflation of food away from home from continuing to soar,” he said.
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