Malaysia's July inflation remains at 2% YoY, with stable CPI and minimal price fluctuations.
Malaysia's July inflation held steady at 2% YoY, matching June's rate, according to the National Department of Statistics. The stable CPI indicates minimal price fluctuations, and experts suggest that while diesel price increases may cause inflation to rise in the future, government support could keep it in check. Food prices saw a modest 1.6% increase, while housing, utilities, and fuel costs rose by 3.2%.
August 22, 2024
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