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Malaysia Consumer Prices Up 1.8% Annually
17 Aug
Summary
- Malaysia's consumer price index increased by 1.8% in July.
- This marks a slight decrease from June's 1.9% rise.
- The July figure fell just short of economists' 1.9% forecast.
In July, Malaysia's consumer price index experienced a year-on-year increase of 1.8%. This rate of inflation was marginally lower than the 1.9% recorded in June.
Economic analysts had predicted a slightly higher increase, with a Reuters poll forecasting a 1.9% rise for July. The actual figure therefore came in just under expectations, suggesting a potential cooling in inflationary pressures.
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