Monday, July 16, 2007

Malaysia's Inflation Probably Held Near 33-Month Low on Stronger Currency

(Bloomberg) -- Malaysia's inflation rate probably
held near a 33-month low in June as an appreciating currency
reduced the cost of imported goods.

The consumer price index rose 1.5 percent from a year
earlier, following a 1.4 percent gain in May, according to the
median forecast of 23 economists in a Bloomberg News survey. The
inflation report is due tomorrow at 5 p.m. in Kuala Lumpur.


Read more at Bloomberg Emerging Markets News

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