Malaysia's inflation 3.8%

Malaysia's inflation 3.8%

KUALA LUMPUR (AFP): Malaysia's consumer prices rose 3.8
percent year-on-year in June, slightly higher than the 3.6
percent increase in May, the statistics department said
yesterday.

Month-on-month inflation, measured by the national consumer
price index (CPI), rose 0.2 percent in June, the department said
in its monthly inflation report released through the national
Bernama news agency.

For the first half year, the CPI rose 3.5 percent year-on-year
due largely to price rises of between 3.1 percent and 5.3 percent
for food, recreation, entertainment, education and cultural
services, medical care and health expenses.

Price increases for food and rents and fuel and power together
accounted for 72.2 percent of the overall price rise logged in
the January to June period, the department said.

Goods and services rose by 2.7 percent, beverages and tobacco
2.4 percent, furniture, furnishings and household equipment and
operation 2.3 percent and transport and communication 2.0
percent.