Economy

Malaysia’s October CPI rises 4% y/y, above forecast


FILE PHOTO: A woman shops in a wet market in Kuala Lumpur, Malaysia, February 18, 2016. REUTERS/Olivia Harris

KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) rose 4% from a year earlier in October, government data showed on Friday.

The rise was slightly faster than the 3.9% growth forecast by 20 economists in a Reuters poll. In September, the index had increased 4.5%.

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