Malaysia's inflation rate continues to climb

  • Economy
  • Wednesday, 16 Jul 2014

KUALA LUMPUR: Malaysia's inflation continued to rise, with the consumer price index (CPI) rising 3.3% in June 2014 from a year ago due to higher prices for food, but the increase was within economists’ expectations.

The Statistics Department said on Wednesday, the index for food and non-alcoholic beverages and non-food for June rose 3.5% and 3.2% respectively from a year ago.

It said the CPI, when compared with May, the CPI increased by 0.2%. The index for food and non-alcoholic beverages increased by 0.5% but the index for non-food remained unchanged.

For January to June 2014, the CPI increased by 3.4% from the previous corresponding period.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Wall Street opens lower as rally in growth stocks falters
Axiata’s tower arm edotco weighing US$700mil financing, sources say
MYAirline to operate as LCC, not ULCC
MUI sells 5.57% stake in PMC for RM6.45mil
Wiki Impact report: Bursa top 20 companies donated RM159.69mil in cash in 2021
FMM: Implementation of CPTPP is timely for Malaysian businesses to recover
Ringgit strengthens against US dollar at the close
Ancom Nylex completes acquisition of 25% stake in Ancom-Chemquest Terminals
RHB Bank Cambodia aims to become SME bank of choice by 2024
Bursa Malaysia ends higher for third consecutive day on Wall St rally

Others Also Read