Malaysia June inflation picks up on higher food prices

by **Cals** Wed 15 Jul 2015, 21:13

Malaysia June inflation picks up on higher food prices

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By Reuters / Reuters | July 15, 2015 : 12:19 PM MYT

KUALA LUMPUR (July 15): Malaysia's consumer price index in June rose 2.5 percent from a year earlier on higher food prices, data from the [size=14]Statistics Department showed on Wednesday. Transport prices also saw an increase from a month ago.

June's inflation rate was slightly above economists' median estimate of 2.4 percent in a Reuters poll.

Inflation has gradually accelerated since a six percent consumption tax went into effect in April.

MALAYSIA CONSUMER PRICE INDEX (base 2010)
PERCENTAGE CHANGE

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	June	May	Apr	Mar	Feb	Jan	Dec	Nov	Oct	Sept	Aug	July
yr/yr	2.5	2.1	1.8	0.9	0.1	1.0	2.7	3.0	2.8	2.6	3.3	3.2
mth/mth	0.6	0.4	0.9	0.9	-0.6	-1.1	-0.1	0.5	0.5	0.2	0.2	0.1

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June 2015
(percentage change year-on-year)

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Food, non-alcoholic beverages	3.4
Alcoholic beverages, tobacco	11.3
Clothing, footwear	0.7
Housing, water, electricity, fuels	2.5
Furnishings, household equipment	3.2
Health	5.0
Transport	-1.4
Communication	2.6
Recreation services, culture	1.7
Education	2.6
Restaurants, hotels	4.5
Miscellaneous goods/services	4.6

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Weightings/contribution to the June 2015 CPI Components

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Components	Weightings	Contribution (pct)
Food, non-alcoholic beverages	30.3	41.7
Alcoholic beverages	2.2	10.5
Clothing, footwear	3.4	0.7
Housing, water, electricity, fuels	22.6	21.8
Furnishings, household equipment	4.1	4.9
Health	1.3	2.6
Transport	14.9	-8.0
Communication	5.7	5.0
Recreation services, culture	4.6	2.8
Education	1.4	1.4
Restaurants, hotels	3.2	6.0
Miscellaneous goods/services	6.3	10.6