Consumer Price Index Malaysia Meaning



The consumer price index measures the average change in prices over time that consumers pay for a basket of goods and services.

Consumer price index malaysia meaning. The goods are weighted in order of their importance. This page provides the latest reported value for malaysia consumer price index cpi. Consumer price index cpi in malaysia averaged 72 17 points from 1972 until 2020 reaching an all time high of 122 40 points in january of 2020 and a record low of 24 30 points in january of 1972.

Consumer price index cpi in malaysia increased to 120 10 points in august from 119 90 points in july of 2020. As the graph below shows over the past 58 years this indicator reached a maximum value of 120 66 in 2018 and a minimum value of 21 27 in 1961. The decrease in the overall index was driven by the decline of transport 20 8 housing water electricity gas other fuels 2 6 clothing footwear 1 1 and furnishings household equipment routine household maintenance 0 2 which contributed 45 7.

Malaysia s index is a composite index weighted by regional expenditure weights of three regional indices computed separately for peninsular malaysia sabah and sarawak. A cpi is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. The consumer price index aka.

Sub indices and sub sub indices can be computed for different categories and sub categories of goods and. A consumer price index measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households. Consumer price index malaysia september 2020 new the consumer price index cpi declined 1 4 per cent in september 2020 to 120 1 as against 121 8 in the same month of the preceding year.

The cpi is calculated by taking a weighted average of price change for a pre determined group of goods. Consumer price index cpi declined 2 9 per cent in may 2020 to 117 9 as against 121 4 in the same month of the preceding year. Stock market share price index.

Wednesday 21 october 2020 1200. It measures price increases and decreases on common group of consumer goods and services on a monthly basis. Cpi is the most widely used measure of inflation and by proxy of.

This page provides the latest reported value for malaysia consumer price index cpi. Malaysia consumer price index consumer price index 2010 100 the value for consumer price index 2010 100 in malaysia was 120 66 as of 2018. Cpi is the key gauge for inflation.

Consumer price index cpi in malaysia were unchanged at 120 10 points in september the same as in august of 2020. Mgs gii t bills etc which was classified as domestic debt under the previous definition 6 refers to non resident holdings of ringgit denominated federal government debt mgs gii.