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Financial News: Malaysia Inflation Slows In November

Malaysia Inflation Slows In November

12/20/2019 - 00:24:00 (RTTNews)

(RTTNews) - Malaysia's consumer price inflation slowed in November, figures from the Department of Statistics showed on Friday.

The consumer price index climbed 0.9 percent year-on-year in November, after a 1.1 percent increase in October. Inflation was expected to remain unchanged at 1.1 percent.

Among the main groups, prices for miscellaneous goods and services grew 2.5 percent and housing, water, electricity, gas and other fuels, and education increased by 1.7 percent and 1.6 percent, respectively.

Prices for food and non-alcoholic beverages, communication and furnishings, household equipment and routine household maintenance rose by 1.5 percent each.

Compared to the previous month, consumer prices edged up 0.1 percent in November.

The core CPI rose 1.4 percent year-on-year in November.

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