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Malaysia's Headline Inflation Slows to 1.9% in June

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Malaysia's headline consumer price index (CPI) rose 1.9% year over year in June, according to data from the Department of Statistics Malaysia on Friday.

The reading missed the consensus forecast of 2.0% tracked by Investing.com, and compared with a 2.0% expansion recorded in the previous month.

The headline movement was driven by the transport group, which increased to 2.8% from 3.8% in the previous month.

Core inflation, which excludes volatile items, also edged down to 1.9% from 2.0% the previous month.

On a month-over-month basis, Malaysia's headline CPI was flat after increasing 0.1% in May.

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