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Malaysia June inflation picks up on higher food prices
Women pay their bills at a wet market in Shah Alam outside Kuala Lumpur January 22, 2014. Malaysiau00e2u20acu2122s inflation rate jumped in December, exacerbating a political headache for the government over rising living costs. u00e2u20acu201d Reuters pic
Wednesday, 15 Jul 2015 4:46 PM MYT

KUALA LUMPUR, July 15 — Malaysia’s consumer price index in June rose 2.5 per cent from a year earlier on higher food prices, data from the Statistics Department showed today. Transport prices also saw an increase from a month ago.

June’s inflation rate was slightly above economists’ median estimate of 2.4 per cent in a Reuters poll.

Inflation has gradually accelerated since a six per cent consumption tax went into effect in April. — Reuters

 

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