Economic Indicators
Malaysia’s June CPI up 3.4% y/y, higher than forecast
2022.07.22 07:29
FILE PHOTO: A woman shops in a wet market in Kuala Lumpur, Malaysia, February 18, 2016. REUTERS/Olivia Harris
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) rose 3.4% from a year earlier in June, government data showed on Friday.
The rise was more than the 3.1% growth forecast by economists in a Reuters poll and the 2.8% growth seen in May.
June’s inflation was driven mainly by food items, the Statistics Department said in a statement.
