Thursday, September 21, 2006

Inflation Rate Easing Further

BUKIT BINTANG 21 Sept - August inflation rate lower than expected. Growth in the Consumer Price Index (CPI) moderated sharply to 3.3% y-o-y in August (July: +4.1%), resuming its declining trend since the peak of 4.8% recorded in February. The reading was lower than the consensus estimate of 3.6%.

Full Write-up: OSK Research

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