Mara Thea Shoes And Clothing Prices Fell 0.4% In July
According to the data released by the Malaysia Statistical Bureau, the consumer price index (CPI) of the country (2011) in July was 103.4, up 3.4% from the (2010) year (100), slightly lower than the 3.5% of the market forecast.
Malaysian economists believe that electricity tariffs, oil prices and pportation in Malaysia
cost
The effect of inflation has been
market
It is estimated that inflation will gradually ease over the next few months.
Because of the government's determination to achieve the goal of economic growth of 5 to 6% this year, the Central Bank of Malaysia is expected to continue to adopt a loose monetary policy to support economic growth.
In July, the prices of major consumer goods increased significantly, including alcoholic beverages and cigarettes (up 6.3%), restaurants and hotels (up 5.6%) and traffic (up 5%).
Other
Rise in price
Projects include non-alcoholic beverages and food (up 4.6%), health (up 2.5%), education (up 2.1%), real estate, water, electricity, gas and other fuels (up 1.6%), miscellaneous products and services (up 1.8%), and furniture, household equipment and daily necessities (up 1.5%), leisure, service and culture (up 1.1%).
The decline was for clothing and footwear (down 0.4%) and communication (down 0.1%).
The cumulative consumer price index for Malaysia from 1 to July is 102.7, up 3.1% from 99.6 in the same period last year.
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