Welcome to Quantity Surveying and Construction Procurement

Assalamualaikum and dear all,

This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.

Thank you and wassalam.

Prof. Sr. Dr. Khairuddin Abdul Rashid

Thursday, July 23, 2009

CPI Index June 2009

Salam and dear all, According to the Department of Statistics Malaysia (http://www.statistics.gov.my) the Consumer Price Index (CPI) for the period January-June 2009 increased by 2.5% when compared with the same period last year. A summary of the movement of the main groups are:
  • Notable decreases: Transport - 5.3 per cent; Clothing & Footwear - 0.8 per cent and Communication - 0.5 per cent.
  • Notable increases: Food & Non-Alcoholic Beverages + 7.2 per cent and Housing, Water, Electricity, Gas & Other Fuels + 1.6 per cent. Other increases were Alcoholic Beverages & Tobacco + 8.2 per cent; Furnishings, Household Equipment & Routine Household Maintenance + 4.4 per cent; Restaurants & Hotels + 4.0 per cent; Miscellaneous Goods & Services + 3.5 per cent; Education + 2.6 per cent; Health + 2.5 per cent and Recreation Services & Culture + 1.0 per cent.
The link between CPI and the construction industry is a potential topic for a dissertation. Wassalam. Source: http://www.statistics.gov.my
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