KUALA LUMPUR: Malaysia’s inflation remained unchanged at two percent in August 2023, similar to the growth rate recorded in July 2023, said the Depart...
: Malaysia’s inflation remained unchanged at two percent in August 2023, similar to the growth rate recorded in July 2023, said the Department of Statistics Malaysia .
It said the food and non-alcoholic beverages group contributes 29.5 percent of total consumer price index weight. On core inflation, DoSM said it moderated to 2.5 percent in August 2023 versus 2.8 percent in July 2023, but it still surpassed the overall national inflation rate of two percent. “Meanwhile, miscellaneous goods and services, as well as health increased 2.4 percent, respectively,” it said.
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