By Jason Ng
KUALA LUMPUR, Malaysia--Malaysia's consumer price index in May rose 3.2% year over year mainly because of more expensive food and nonalcoholic beverages and nonfood items, official data Friday showed.
The index increased 0.1% month over month, the Department of Statistics data show.
A poll of 15 economists by The Wall Street Journal predicted a median rise of 3.3% year over year. The CPI climbed 3.4% in April.
Food and nonalcoholic beverage prices rose 3.3% while nonfood items rose 3.1%. Food, nonfood and nonalcoholic beverage indexes rose 0.1% month over month, the department said.
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(END) Dow Jones Newswires
June 20, 2014 05:15 ET (09:15 GMT)
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