(NSTP file pix by Aizuddin Saad)

KUALA LUMPUR: The Consumer Price Index rose by 3.7 per cent to 120 in October from 115.7 in the same month in 2016.

The Statistics Department said it was led by the transport index (12.1 per cent) and food and beverages (4.4 per cent).

Inflationary pressures have eased more than expected by the market.

The department also announced that the Leading Index remained unchanged at 2.6 per cent in September.

The LI monitors the economic performance.

However, the monthly change of LI registered a decrease of 0.2 per cent caused by the decrease in the number of new companies registered (-0.7 per cent). 

The Coincident Index (CI) which measures the current economic activity, decreased 0.5 per cent in September.

Three components of CI that posted the decrease were the volume Iindex of retail trade (-0.4 per cent), industrial production index (-0.2 per cent) and real contributions to EPF (-0.1 per cent).

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