Asian Economic News

Malaysia's Inflation Edges Up In April

Malaysia's consumer price inflation increased modestly in April, data released by the Department of Statistics showed Wednesday.

Inflation as measured by the consumer price index rose to 1.7 percent in April from 1.6 percent in March. The latest figure matched economists' expectations.

Prices of food and non-alcoholic beverages climbed 3.8 percent annually and housing and utility costs increased 1.3 percent. There was a 0.6 percent gain in transportation costs during the month.

On a monthly basis, the consumer price index edged up 0.1 percent in April, at the same pace as in the previous month. In the January-April period, the consumer price index moved up by 1.5 percent compared to the corresponding period a year earlier.

by RTTNews Staff Writer

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