Malaysia’s July CPI up 2.2 per cent, misses forecast

Tengku Zafrul said the government is in discussions with relevant stakeholders on improvement to the wage subsidy programme. — Bernama pic. Sketched by the Pan Pacific Agency.

KUALA LUMPUR, Aug 25, 2021, Reuters. Malaysia’s consumer prices in Julyrose, less than forecast, 2.2% from a year earlier, government data showed on Wednesday, Reuters reported.

July’s consumer price index (CPI) was expected to rise 2.9%, according to 16 economists surveyed in a Reuters poll. In June, the index was up 3.4%.

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