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Malaysia's Feb inflation comes in at 1.8%

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Apple Inc has discussed using Baidu Inc’s generative artificial intelligence in iPhones and other devices within China, the Wall Street Journal reported, a potentially big win for the domestic search leader.

KUALA LUMPUR: Malaysia's inflation rose 1.8% to 132.1 in February 2024, defying expectations the consumer price index would trend lower.

In a statement, the National Statistics Department said the increase in inflation was driven by housing, water, electricity gas and other fuels, which rose 2.7%. According to chief statistician Datuk Seri Mohd Uzir Mahidin, the hike in water prices was owing to the adjustment in water tariffs for domestic users in Peninsular Malaysia and Labuan.

 

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