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Consumer's consumption for the year 2017-2021 of Semenanjung Malaysia
The base year in the calculation of index defined as the year's value that has been compared from other years. The price index for the base year in this work that has been given is 100. For example, if a company raises about RM 5000 to RM 6000. From here we can see that the value has increased around 20%, where we can assume that RM 5000 is the base year.