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Malaysia’s inflation rises to 4.7 pct year on year in August

KUALA LUMPUR, Sept. 23 (Xinhua) — Malaysia’s inflation rate in August 2022 increased to 4.7 percent year on year, official data showed Friday.

The increase was contributed by food and non-alcoholic beverages, which increased by 7.2 percent, the Department of Statistics Malaysia (DOSM) said in a statement.

Month on month, the increase in August moderated to 0.2 percent as compared to 0.4 percent in July.