Inflation rate goes up in Malaysia

Inflation rate, measured by the consumer price index (CPI), rose 3 percent in November from 2. 8 percent in October, exceeding economists' forecast of a slower- paced 2.7 percent, according to official statistics available here Thursday.
Malaysia's Statistics Department said the CPI had increased by 3 percent to 111.9 compared with 108.6 for November year-on-year.
Six groups of goods and services were attributed to the increase of the CPI. They are alcoholic beverages and tobacco, transport, restaurants and hotels, housing, water, electricity, gas and other fuels, health and food and non-alcoholic beverages.
"The CPI for 11 months in 2014 (January to November) increased by 3.2 percent to record as 110.4 compared with the same period last year," it said in a statement.