Inflation under control but price pressure may rise


PETALING JAYA: Inflation outlook remains anchored below 2% despite policy changes and cost adjustments although analysts warn that price pressure may rise towards the year-end with the rollout of subsidy reforms and minimum wage hikes.

Headline inflation rose slightly to 1.2% year-on-year (y-o-y) in July from 1.1% in June, while core inflation stayed unchanged at 1.8% for the third consecutive month, according to official data.

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CPI , inflation , spending , consumer , subsidy

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