BNM: Headline Inflation Down To 1.1 Pct, Core Inflation Unchanged In June 2025
KUALA LUMPUR, July 31 (Bernama) -- Malaysia's headline inflation eased further to 1.1 per cent in June 2025 from 1.2 per cent in May, while core inflation remained unchanged at 1.8 per cent, said Bank Negara Malaysia (BNM).
In a statement today, it said the decline in headline inflation was largely driven by lower inflation in non-core components, particularly fresh food, diesel and air passenger transport.
'Higher inflation in selected core items -- such as food away from home and streaming services -- was largely offset by lower inflation for mobile communication services and video game consoles,' it said.
Meanwhile, credit to the private non-financial sector grew by 5.2 per cent in June 2025 (May 2025: 5.4 per cent), following steady growth in outstanding loans of 5.5 per cent, while growth in outstanding corporate bonds moderated to 4.3 per cent in June 2025 (May 2025: 4.7 per cent).
'Outstanding business loan growth was broadly steady at 4.5 per cent amid sustained growth in loans for investment-related purposes, particularly among the small and medium enterprises (SMEs).
'Household loan growth remained steady at six per cent in June 2025 amid sustained growth in loans across most purposes,' it added.
BNM said against global uncertainties, the ringgit appreciated by 0.5 per cent against the US dollar, with the nominal effective exchange rate (NEER) at -0.2 per cent (regional average: 0.3 per cent), supported by continued broad-based US dollar weakness.
Additionally, the central bank and the government will continue to coordinate efforts to encourage foreign exchange flows, it said.
'The FBM KLCI rose by 1.6 per cent (regional average: 1.5 per cent), in line with movements of regional equity markets, while the 10-year Malaysian Government Securities yield decreased by 5.0 basis points (bps) (regional average: -11.5 bps),' it said.
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