June 24, 2020 / 4:02 AM / 14 days ago

Malaysia's May CPI falls 2.9% y/y, weaker than forecast

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=MYCPI%3DECI poll data

KUALA LUMPUR, June 24 (Reuters) - Malaysia’s economy grappled with subdued consumption for a third straight month in May, with the consumer price index (CPI) falling 2.9% from a year earlier, government data showed on Wednesday.

Consumer prices, which fell in March for the first time since February last year, were also down 2.9% in April mainly due to cheaper pump prices.

A Reuters poll had forecast an annual fall of 2.7% in May. (Reporting by Joseph Sipalan; Editing by Shri Navaratnam)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below