Thursday, July 24, 2008

Inflation hits 7.7% in June 2008!


Inflation in Malaysia hits 7.7% in June 08, the highest in 26 years.

The figure came as a surprise as economists had predicted June inflation of 6.6 percent. The main culprit is the 41% rise in fuel price.
The inflation would probably remain high in July due to the increase in the electricity tariff.
Syabas Pak Lah! (Well done Pak Lah!)

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