Malaysia’s food prices up nationwide for third month in a row, even as consumer prices fell 2.9pc y-o-y in May
Food prices have continued to go up year-on-year in all states in Malaysia for the third consecutive month. — Picture by Ahmad Zamzahuri
The CPI again fell by 2.9 per cent in April, and has decreased by 2.9 per cent in May when compared against the same months last year.For the overall decline in prices at -2.9 per cent in May 2020, this was driven by the fall of prices when compared to May 2019 across four categories, namely transport , housing, water, electricity, gas and other fuels , clothing and footwear , and furnishings, household equipment and routine household maintenance .
The DOSM noted that price increases were recorded in most states in Malaysia in May for small onion , big onion and garlic . The previous months of January to April this year had also seen price increases in most states for these three items. For both months, this was due to increase in prices for vegetables, food products not elsewhere classified, with oils and fats also contributing to the March figures and meat price increases contributing to the April figures.
The national index for food and non-alcoholic beverages was at 1.2 per cent for both March and April, with the states that surpassed the national index in March being Selangor and Putrajaya, Johor and Terengganu and for April being Selangor and Putrajaya, Perak, Terengganu, Johor and Penang.
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