“The lower average price of RON95 in April 2020, which recorded RM1.30 per litre as compared to RM2.08 in May 2019, contributed to the decrease of the transport and overall index. “In addition, the average price of RON97 decreased to RM1.60 per litre as compared to RM2.74 while diesel declined to RM1.45 per litre from RM2.18 in the corresponding month of the preceding year, ” said chief statistician Mohd Uzir Mahidin.
PETALING JAYA: Malaysia’s consumer price index (CPI) fell 2.9% in May from a year earlier, marking a third straight month of decline.
The result matched April’s decline, and was slightly more than the median estimate of a 2.8% decline by a Bloomberg survey of economists.
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