Malaysia Inflation Rises In April

Malaysia's consumer price inflation increased marginally in April, data from the Department of Statistics showed on Wednesday.

Consumer prices rose 2.3 percent yearly in April, following a 2.2 percent increase in March. This was in line with economists' expectations.

Prices for food and non-alcoholic beverages grew 4.1 percent annually in April and those for furnishings, household equipment and routine household maintenance rose 2.7 percent.

Prices for restaurants and hotels grew 3.2 percent and transport cost increased 3.0 percent.

The core inflation rose to 2.1 percent in April from 2.0 percent in the prior month.

On a monthly basis, consumer prices increased 0.2 percent in April, after a 0.3 percent rise in the previous month.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois. Natreve, a premium wellness company, is recalling certain Vegan Protein Powder due to undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The recall involves specific batches of its Vegan Protein Powder French Vanilla Wafer Sundae flavor. The impacted products are stored in 13 oz (10 servings) and 1.47lb (18 servings) white tubs. The Federal Communications Commission or FCC has granted SpaceX Services, Inc. authorization to use its Starlink satellite internet system on vehicles in motion. SpaceX, owned by Elon Musk, is allowed to operate consumer and enterprise Ku-band Earth Stations in Motion or ESIM using frequencies allocated to the fixed satellite service. The approval would help the company to expand its services to
Follow RTT