Malaysia Consumer Prices Decline In July

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Wednesday, the Department of Statistics Malaysia announced that the consumer price index or CPI dropped 2.4% year-on-year in July, compared with a 1.4% fall in the previous month. The consumer prices in July came in line with economists' expectations.

Month-on-month, consumer prices rose 0.1% in July.

For the first seven months of the year, consumer prices increased 1.7% compared to the same period of the previous year.

Wednesday, the Department of Statistics Malaysia announced that the consumer price index or CPI dropped 2.4% year-on-year in July, compared with a 1.4% fall in the previous month. The consumer prices in July came in line with economists' expectations. (Market News Provided by RTTNews)