Malaysiakini's report
The inflation rate has jumped to a 27-year high of 8.5 percent in August, driven by the escalating cost of food and fuel, according to official data released today.
"The result was slightly higher than expected but the central Bank Negara would not raise interest rates to ensure growth," said Wan Suhaimi Saidi, an economist with Kenanga Investment Bank. malaysiakini.com
FULL ARTICLE: Inflation at 27 year high! - Malaysiakini
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