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CPI up 1.5% in June in line with expectations

PETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year.

RAM Ratings sees June inflation surging to 1.6%

KUALA LUMPUR: RAM Ratings expects Malaysia’s overall inflation rate to accelerate to 1.6% in June (May: 0.2%), fuelled by the low-base effects arising from the removal of the Goods and Services Tax (GST) last year.

‘No hike in cement price’

PUTRAJAYA: There will be no increase in the price of cement, ending speculation of a possible 40% to 50% hike in the price.