Inflation at 3.4% in November

Pressures continue to ease on slower increase in transport costs and food prices

PETALING JAYA: Inflationary pressures continued to ease in November as transportation costs and prices of food and non-alcoholic beverages registered a slower increase on a year-on-year (y-o-y) basis.

As measured by the consumer price index (CPI), Malaysia’s headline inflation rose by 3.4% y-o-y last month, matching market consensus estimates.