Malaysia's Consumer Price Index (CPI) fell by 1.4% in November

According to statistics released by the Malaysian Bureau of Statistics, the country’s consumer price index for November 2010 was 115.0, which was a 2.0% increase over the same period of 2009 (112.8), but slightly lower than the market forecast of 2.1%.

Malaysian economists believe that the soaring global raw product prices, coupled with higher alcoholic beverages and prices in Malaysia, and the government’s decision to cut subsidies for fuel, liquefied natural gas and white sugar, have led to higher prices for pre-opened products and it is expected that Malaysia will Expansion pressure will gradually warm up.

However, Malaysia’s inflationary pressure is still at a controlled level. It is foreseeable that the Central Bank will continue to suspend interest-raising operations. By the end of this year, it will continue to maintain the overnight deposit rate at 2.75%. It is expected that Malaysia's economic activities will maintain its momentum next year. As the price of raw products rises, and as subsidy reduction measures are gradually fermented, Malaysia’s inflation rate will increase to 3.4%.

The major increase in the prices of major consumer goods in November included alcoholic beverages and beverages (up 3.7%), miscellaneous products and services (up 2.8%) and non-alcoholic beverages and food (up 2.4%); Other price increases include restaurants Hotels and hotels (up 1.9%), leisure, services and culture (up 1.7%), education (up 1.7%), health care (up 1.6%), transportation (up 1.4%), real estate, water, electricity, gas and other fuels (up 1.1%), and maintenance of furniture, household equipment and daily necessities (up 0.7%).

The falling items were apparel and footwear (down 1.4%) and communications (down 0.2%).

Cumulative Malaysian consumer price index for January to November this year was 113.9, up 1.7% from 112.0 in the same period of last year.