Malaysia Inflation Rises to 3.3% in June


Malaysian annual inflation rate accelerated slightly to 3.3 percent in June of 2014 from 3.2 percent in the previous month, driven by higher food, housing and health cost.

Year-on-year, food prices accelerated slightly to 3.5 percent in June (3.3 percent in May) and cost of housing, water, electricity and fuels increased 3.2 percent, following a 3.1 percent rise in May. Additional upward pressures came from health cost (3.1 percent vs 2.4 percent) and miscellaneous goods and services (1.2 percent vs 1.1 percent).

On a monthly basis, the inflation rate accelerated to 0.2 percent from 0.1 percent in the previous month. Increases were recorded for main groups food and non-alcoholic beverages and health by 0.5 percent respectively; restaurants and hotels (0.2 percent); alcoholic beverages and tobacco; housing, water, electricity, gas and other fuels and education by 0.1 percent respectively. On the other hand, decreases were recorded for transport (-0.4 percent) and clothing and footwear (-0.1 percent).

Malaysia Inflation Rises to 3.3% in June


Department of Statistics, Malaysia | Joana Taborda | joana.taborda@tradingeconomics.com
7/16/2014 11:01:38 AM