Key facts
- Malaysia's consumer price index (CPI) increased by 1.8% in July compared to the previous year.
- This figure was slightly lower than the 1.9% increase predicted by economists in a Reuters poll.
- The CPI had recorded a 1.9% rise in June.
Malaysia's consumer price index (CPI) saw a year-on-year increase of 1.8% in July, according to government data released on Monday. This figure was marginally below the 1.9% rise that economists had anticipated in a Reuters poll. In the preceding month of June, the CPI had registered a 1.9% increase. The CPI measures the cost of purchasing a constant basket of goods and services by households, with the current reference base period being 2010. The core CPI excludes volatile prices of fresh food and government-administered prices.