KUALA LUMPUR, July 19 — Malaysian consumer prices in June rose 3.6 per cent from a year earlier, government data showed today, slowing in pace for the third month in a row.
Economists polled by Reuters had expected annual inflation to remain unchanged from 3.9 per cent in May.
Headline inflation reached an eight-year high of 5.1 per cent in March, but has since moderated.
Inflation was driven by higher fuel and food prices with the transport index rising 10.5 per cent from a year earlier, according to data from the Statistics Department.
The index for food and non-alcoholic beverages grew 4.3 per cent year-on-year, the data showed.
Malaysia's central bank has set a 2017 inflation target of 3 to 4 per cent. — Reuters
