KUALA LUMPUR (Oct 21): The inflationary pressure in Malaysia is seen stabilising as the country's consumer price index (CPI) increased by the same pace of 1.5% year-on-year (y-o-y) in September 2016. The Department of Statistics today said Malaysia's September CPI rose by 1.5% to 115.3 from 113.6 in the same month last year. The decline in the transport group helps to maintain inflation at a low level with a decline of 5.5% in September. In comparison, the transport group fell by 6.7% and 9.9% in August and July respectively. In comparison with the August data of 3.5% increase, food and alcoholic beverages saw a slower increase.

Source: The Edge Markets October 21, 2016 04:39 UTC