Hi! Welcome Back and Stay Tune! Reuters Poll: Msia inflation seen easing to 3.6 percent - Mukah Pages : Media Marketing Make Easy With 24/7 Auto-Post System. Find Out How It Was Done!

Reuters Poll: Msia inflation seen easing to 3.6 percent

Mimi Sabreena 4:33:00 PM Free Malaysia Today, Mukah Pages

KUALA LUMPUR: Malaysia’s annual inflation rate likely cooled to 3.6 percent in March from a seven-year high the previous month, a Reuters poll showed.

Lower fuel prices in March are expected to have offset higher costs of food and consumer goods, economists said.

In February, the consumer price index increased 4.2 percent from a year earlier, the biggest annual rise since December 2008.

For November through February, Malaysia’s annual inflation rate has been higher than in October. The pace is expected to moderate after the first quarter, reflecting a higher base from a year earlier, as a 6 percent Goods and Services Tax was implemented in April 2015.

– Reuters

Mukah Pages bring you trending news media with Free Malaysia Today http://ift.tt/1WCCtD4

No comments

Comments are welcome and encouraged on this site. Comments deemed to be spam or solely promotional will be deleted. Including link to relevant content is permitted, but comments should be relevant to the post topic.

Comments including profanity and containing language that could deemed offensive will also deleted. Please respectful toward other contributors. Thank you.