KUALA LUMPUR: Malaysia's inflation rate jumped to a 14-month high in April on rising food costs, adding pressure on the Government to rein in prices.
Consumer prices rose 3% from a year earlier, after a 2.8% gain in March, Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad told reporters yesterday. The Government might consider imposing a windfall tax to curb inflation, Shahrir said without giving specific details.
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