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NEW UPDATES Asean Affairs  20 July 2015  

Malaysia June inflation up 2.5 per cent

CONSUMER prices in Malaysia rose last month following the increase in petrol prices.

The weaker ringgit as well as the goods and services tax (GST) also contributed to inflationary pressure.

Data from the Statistics Department showed that the consumer price index (CPI), which gauges headline inflation, gained 2.5 per cent in June compared with the same month a year ago with food and non-alcoholic beverages contributing to most of the rise in the index.

The 2.5 per cent rise was slightly higher than economists’ assumption of a 2.4 per cent increase.

In the first-half of the year, inflation averaged 1.4 per cent, largely due to lower petrol prices.

Most do not expect Bank Negara (central bank) to raise benchmark interest rates in September when the monetary policy committee meets.

Economists said the rise was due to the hike in petrol price from June 1 when RON95 and RON97 petrol saw a 10 sen increase to 2.05 ringgit (54 US cents) and 2.35 ringgit respectively.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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