Malaysia: Inflation continues to climb in June
July 15, 2015
Consumer prices increased 0.6% in June, which was up from the 0.4% recorded in May. Nine of the 12 major components of the index saw increases, with the highest increases found in the transport group. Clothing and footwear was the only group that saw a decline.
Inflation jumped from 2.1% in May to 2.5% in June, marking a six-month high. The tally marginally overshot market expectations of a 2.4% increase. Despite June’s increase, annual average inflation was stable at May’s 2.2%.
Author: Robert Hill, Economist