June inflation down 1.9% on-year as fuel price fell


The lower average price of RON 95 in June 2020 which recorded RM1.54 per litre as compared to RM2.08 in June2019 contributed to the decrease of the transport and overall index.

KUALA LUMPUR: The Consumer Price Index (CPI) fell 1.9% in June from a year ago due to a fall in transport costs as fuel prices dropped but the decline was more than the Bloomberg survey of 1.8%.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Wednesday the CPI declined 1.9% in June to 119.1 from 121.4 a year ago.

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