Malaysia’s May CPI up 2.8% y/y, higher than forecast
FILE PHOTO: Shoppers wearing protective masks shop at a market, amid the coronavirus disease (COVID-19) outbreak in Kuala Lumpur, Malaysia November 6, 2020. REUTERS/Lim Huey Teng
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) rose 2.8% from a year earlier in May, government data showed on Friday.
The rise was more than the 2.6% expansion forecast by 17 economists in a Reuters poll. In April, the index had risen 2.3%.