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Malaysia Inflation Increases In January

Malaysia's consumer price inflation rose in January, figures from the Department of Statistics showed on Friday.

The consumer price index rose 1.6 percent year-on-year in January following a 1.0 percent increase in December. This was in line with economists' expectation.

Among the main groups, prices for transport grew 3.9 percent annually in January. Prices for miscellaneous goods and services, and communication rose by 2.5 percent and 1.5 percent, respectively.

Prices for housing, water, electricity, gas and other fuels, and education increased by 1.7 percent, each.

On a month-on-month basis, consumer prices edged up 0.1 percent in January.

The core CPI rose 17 percent annually in January.

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