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Nikkei Markets

Malaysia's November inflation rate eases to six-month low

Economists predict prices to rise next year as government scraps fuel subsidy

KUALA LUMPUR (Nikkei Markets) -- Malaysia's inflation rate eased to a six-month low as consumer prices rose at a slower-than-expected pace in November on the back of costlier food, official data Friday showed.

Consumer price index - Malaysia's main gauge of inflation - rose 0.9% in November from a year earlier, according to the federal Department of Statistics. That compares with a median 1.2% gain predicted in a Nikkei Markets poll and October's 1.1% year-on-year increase. The index climbed 0.1% from the previous month.

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