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Clothing & footwear prices drop in May
24 Jun '08
2 min read
Consumer Price Index (CPI) for January to May 2008 increased by 2.9 per cent to 108.1 compared with that of 105.1 in the same period last year. Compared with that of the same month in 2007, the CPI increased by 3.8 per cent from 105.1 to 109.1 and when compared with the previous month, the CPI increased by 0.8 per cent.
CPI changes for the period January – May 2008 / 2007
The 2.9 per cent increase in the CPI was brought about by increases observed in the indices of all the main groups except those of Clothing & Footwear which decreased by 0.6 per cent respectively.
Other increases were Miscellaneous Goods & Services (+ 3.2 per cent); Recreation Services & Culture (+ 2.6 per cent); Education (+ 2.1 per cent) and Furnishings (+ 1.6 per cent).
Monthly Changes for CPI:
Compared with the previous month, the CPI for May 2008 increased by 0.8 per cent. Increases were shown in seven main groups namely Furnishing (+ 0.2 per cent) respectively and Transport (+ 0.1 per cent).
The index for Clothing & Footwear and Miscellaneous Goods & Services showed a decrease of 0.1 per cent respectively. However, the two other main groups namely; Recreation Services & Culture and Education remained unchanged at 103.5 and 105.6 respectively.
A reclassification of items according to their durability and services rendered showed increases in the index for Non-Durable Goods (+ 1.3 per cent) and Services (+ 0.7 per cent). Decreases in the index were recorded for Durable Goods (- 0.4 per cent) and Semi-Durable Goods (- 0.1 per cent).
CPI changes for the period January – May 2008 / 2007
The 2.9 per cent increase in the CPI was brought about by increases observed in the indices of all the main groups except those of Clothing & Footwear which decreased by 0.6 per cent respectively.
Other increases were Miscellaneous Goods & Services (+ 3.2 per cent); Recreation Services & Culture (+ 2.6 per cent); Education (+ 2.1 per cent) and Furnishings (+ 1.6 per cent).
Monthly Changes for CPI:
Compared with the previous month, the CPI for May 2008 increased by 0.8 per cent. Increases were shown in seven main groups namely Furnishing (+ 0.2 per cent) respectively and Transport (+ 0.1 per cent).
The index for Clothing & Footwear and Miscellaneous Goods & Services showed a decrease of 0.1 per cent respectively. However, the two other main groups namely; Recreation Services & Culture and Education remained unchanged at 103.5 and 105.6 respectively.
A reclassification of items according to their durability and services rendered showed increases in the index for Non-Durable Goods (+ 1.3 per cent) and Services (+ 0.7 per cent). Decreases in the index were recorded for Durable Goods (- 0.4 per cent) and Semi-Durable Goods (- 0.1 per cent).
Department of Statistics Malaysia
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