Too early to assess impact of higher diesel prices

CGSI Research said it may be too early to assess the second-round impact of the diesel price hike using June CPI data.

PETALING JAYA: Malaysia’s price pressures remain in check for now, as it is too early to assess the impact from higher diesel prices.

Headline inflation was unchanged at 2% year-on-year (y-o-y) in June while core inflation was sustained at 1.9% y-o-y. On a month-on-month (m-o-m) basis, the consumer price index (CPI) increased by 0.2%.