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Malaysia’s inflation eases to 4% in Oct 2022

2022-11-25T04:37:55+08:00November 25th, 2022|0 Comments

KUALA LUMPUR (Nov 25): Malaysia’s inflation rate has eased to 4.0% in October 2022 compared to the 4.5% recorded in September 2022.

However, the rate still surpassed the nation’s average inflation for the period of January 2011-October 2022 of 2.0%, said the Department of Statistics Malaysia (DoSM) today (Nov 25).

Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the Consumer Price Index (CPI) for October 2022 increased by 4.0% year-on-year to 128.6 from 123.7 in October 2021.

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