POLL-Malaysia June inflation seen holding steady at 3.2%

15 Jul 2014 / 05:39 H.

    KUALA LUMPUR: Malaysia's annual inflation rate in June likely held steady at 3.2%, reflecting continued modest rises in prices of food, fuel and transportation.
    Forecasts of 12 economists ranged from 3.2 to 3.3%. In May, the inflation rate was 3.2%. Inflation has shown some signs of moderating in recent months since hitting more than two-year highs in late 2013 after the government cut subsidies to reduce its high debt burden.

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