Malaysian Inflation Rate Eases to Slowest in Almost Three Years
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Malaysia’s inflation eased in December to the slowest pace in almost three years, providing scope for the central bank to support growth.
Consumer prices rose 1.2 percent from a year earlier, after climbing a previously reported 1.3 percent in November, according to data released by the Putrajaya-based Statistics Department today. The median of 15 estimates in a Bloomberg News survey was for a 1.4 percent gain. Inflation was 1.6 percent in 2012, the report showed.