Malaysia’s consumer price index down 1.9% in June 2020 from a year ago
: Malaysia’s consumer price index declined 1.9% in June 2020 to 119.1from 121.4 in the same month of the preceding year, driven by drops in transport , housing, water, electricity, gas & other fuels , clothing & footwear and furnishings, household equipment & routine household maintenance which contributed 45.7% to overall weight.
The lower average price of RON95 in June 2020 which recorded RM1.54 per litre compared with RM2.08 in June 2019 contributed to the decrease of the transport and overall index. In addition, the average price of RON97 decreased to RM1.84 per litre from RM2.51 while diesel declined to RM1.71 per litre from RM2.18 in the corresponding month of the preceding year.
The index for all states decreased between -1.3 and -2.7% in June 2020 compared with June 2019. The highest decrease was recorded by Sabah and Labuan , followed by Sarawak and Malacca .
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