Thursday, July 24, 2008

Malaysia's Inflation Rate 2008

Malaysia's inflation rate this year:
. June 7.7%,
. May 3.8%.

CPI for June surges to 7.7%
Thursday July 24, 2008
http://thestar.com.my/news/story.asp?file=/2008/7/24/nation/21905668&sec=nation

PUTRAJAYA: The Consumer Price Index (CPI) for June spiked to a 27-year high of 7.7%.
...

The substantial rise in the price of petrol and diesel announced by the Government beginning June 5 is the main reason for the surge...


Talking about inflation, Zimbabwe's inflation rate is at 2.2 million %...

Zimbabweans battle money shortages as collectors buy hundred billion dollar notes on eBay
http://www.iht.com/articles/ap/2008/07/23/africa/AF-Zimbabwe-Money-Woes.php
HARARE, Zimbabwe: Amid Zimbabwe's mind-boggling hyper inflation, a new 100 billion dollar bank note has more value as a novelty item on eBay than on the streets of the capital.
...
Official inflation is quoted at 2.2 million percent but independent finance houses say it's closer to 12.5 million percent...

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