Malaysia registers inflation of 2.8% in May as food prices soar

KUALA LUMPUR: Malaysia recorded a 2.8% year-on-year (y-o-y) increase in consumer prices in May amid the accelerating cost of food.

The May headline inflation was above the 2.6% median growth forecast of a Reuters poll of economists and higher than the 2.3% increase recorded in April.

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Consumer price index , inflation , prices , Mohd Uzir Mahidin , National Statistics Department

   

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