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Malaysia February Inflation Falls Below Forecast

Malaysia inflation continued to ease in February, data from the Department of Statistics showed Friday.

The consumer price index increased 2.2 percent annually in February, slower than the 2.7 percent gain seen in January. The inflation rate fell below the economists' forecast of 2.4 percent.

Prices of food and non-alcoholic beverages increased 2.9 percent annually, while non food prices gained 1.8 percent in February. Transportation prices increased 1.4 percent annually in February.

Month-on-month, consumer prices remained unchanged in February, following 0.3 percent gain seen in January.

by RTTNews Staff Writer

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