RAM: Malaysia's August inflation to edge up slightly at 1.5% y-o-y

RAM: Malaysia's August inflation to edge up slightly at 1.5% y-o-y

The Edge Markets - Malaysia·2019-09-24 14:44

KUALA LUMPUR (Sept 24): Malaysia’s overall inflation rate is expected to edge up to 1.5% year-on-year (y-o-y) in August, from the 1.4% y-o-y charted in July, says RAM Rating Services Bhd.

The local rating agency said the marginally higher reading is underpinned by slightly greater inflationary pressure from the food component.

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