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CPS2062 Nurul Fatihah M. et al.
respectively. Additionally, referring to Table 3.2, the highest contribution to
this spending in 2016 is the subgroup imputed rent, with a percentage of 59.93
from the total amount spent, and followed by rental paid (15.86%).
In spite of that, the expenditure groups with the highest spending by
household have been consistent every year. They would spend the most for
the following five expenditure items:
1. Housing, water, electricity, gas and other fuels
2. Food and non-alcoholic beverages
3. Transport
4. Restaurants and hotels
5. Miscellaneous goods and services
In conclusion, the decline in CAGR from 1998/99 to 2016 showed that
Malaysian spent less on household consumption expenditure. However,
looking at the household consumption expenditure groups individually, some
of the groups still showed an increment in mean monthly household
consumption expenditure.
References
1. Divya K. H. & Devi V. R. (2014). A Study on Predictors of GDP: Early
Signals. Procedia Economics and Finance.
2. Landefeld J. S., Seskin E. P. & Fraumeni B. M. (2008). Taking the Pulse of
the Economy: Measuring GDP. Journal of Economic Perspectives
3. United Nations. (2000). Classification of Expenditure According to
Purpose. United Nations Publication.
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