Malaysia'S Clothing And Footwear Consumption Index Fell

According to the data released by the Malaysian Bureau of Statistics, the country's consumer price index in June (2012) was 104.8, 1.6% higher than that in the same period of last year (2011) (103.2), slightly lower than the market forecast of 1.7%, indicating that the inflation pressure in Malaysia has eased slightly. however clothing And footwear (down 0.4%).

Malaysian economists believe that Malaysia's inflation rate grew in June this year, mainly due to the rise in food prices. It is estimated that the Central Bank of Malaysia will continue to adopt loose monetary policy and maintain the existing overnight lending rate to support economic growth.

In June, the prices of major consumer goods increased significantly, including restaurants and hotels (up 3.5%), non-alcoholic beverages and food (up 3.1%), education (up 2.8%) and miscellaneous products and services (up 2.6%);

Other items with rising prices include furniture, household equipment and daily necessities maintenance (up 2.3%), health care (up 2.2%), leisure, service and culture (up 2.1%), real estate, water, electricity, gas and other fuels (up 1.7%) and transportation (up 1.0%).

The falling items were communications (down 0.6%) and clothing and footwear (down 0.4%). The prices of alcoholic beverages and cigarettes remained unchanged.