Monday, May 14, 2007

Malaysia's Inflation Rate Probably Last Month Held Close to 2 1/2-Year Low

(Bloomberg) -- Malaysia's inflation rate probably held near a 2 1/2-year low in April, giving the central bank room to keep interest rates unchanged to spur growth.

The consumer price index rose 1.6 percent from a year earlier, following a 1.5 percent gain in March, according to the median forecast of 18 economists in a Bloomberg News survey. The inflation report is due tomorrow at 5 p.m. in Kuala Lumpur.


Read more at Bloomberg Emerging Markets News

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