Inflation up 2.9 pct on rising fuel cost, end of electricity discount

Malaysia saw its Consumer Price Index (CPI) increase 2.9 per cent year-on-year (y-o-y) to 123.7 in October 2021 against 120.2 in the same month of the preceding year.

The Department of Statistics Malaysia (DOSM) attributed the higher CPI, a measure of inflation, to rising fuel prices and the discontinuation of electricity discount in September 2021...