KONTAN.CO.ID - KUALA LUMPUR. Malaysia's economy remained in deflation for the second month in a row in February, with the consumer price index falling 0.4 percent from a year earlier, government data showed on Friday. The index turned negative in January for the first time since November 2009, declining 0.7 percent year-on-year amid a sharp drop in retail fuel costs. A Reuters poll had forecast a 0.3 percent annual fall in February's CPI.
Malaysia's February CPI falls below forecast
KONTAN.CO.ID - KUALA LUMPUR. Malaysia's economy remained in deflation for the second month in a row in February, with the consumer price index falling 0.4 percent from a year earlier, government data showed on Friday. The index turned negative in January for the first time since November 2009, declining 0.7 percent year-on-year amid a sharp drop in retail fuel costs. A Reuters poll had forecast a 0.3 percent annual fall in February's CPI.