KLSE Malaysia News Update : Epic Research Malaysia

Malaysia's consumer price index in June rose 3.3 per cent from a year earlier, marginally above expectations and the level a month earlier, data from the Statistics Department showed on Wednesday.

The index rose 3.2 per cent in May.

A Reuters poll of 12 economists forecast the annual inflation rate in June to hold steady at 3.2 per cent.

Last week, Malaysia's central bank raised the key interest rate for the first time in more than three years to curb inflation and a burgeoning household debt. It hiked the rate 25 basis points to 3.25 per cent.

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