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Malaysia's inflation eases to 2.4% in June, lowest in 6 months

KUALA LUMPUR: Malaysia's inflation eased to 2.4 percent in June from 2.8 percent in May, the lowest in the first six months of 2023, official data showed on Monday.

The Department of Statistics Malaysia (DOSM) said in a statement that the slower increase in Malaysia's inflation was driven by the lower increase in restaurants and hotels, food and non-alcoholic beverages, and furnishings, household equipment and routine household maintenance.