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