Malaysia's inflation increases 3.4 pct in June

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Malaysia's inflation increases 3.4 pct in June

STORY: Malaysia's inflation increases 3.4 pct in June DATELINE: July 23, 2022 LENGTH: 00:02:01 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of crowds queuing up at the cashier counters in supermarket 2. various of crowds doing their grocery shopping in supermarket 3. various of supermarket staff tidying the bottled cooking oils on rack 4. various of crowds picking fish at the seafood counter in supermarket STORYLINE: Malaysia's inflation, as measured by consumer price index, increased by 3.4 percent in June from a year ago, due to higher food prices, official data showed Friday. The increase surpassed the average inflation of 1.9 percent in Malaysia for the period January 2011 to June 2022, the Department of Statistics Malaysia (DOSM) said in a statement. According to DOSM, the food index increased 6.1 percent and remained as the main contributor to the rise in the inflation during the month of June. Other groups except communications also recorded increases. Transport incr

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