KUALA LUMPUR (Reuters) - Malaysia's annual inflation rate
Low transport costs kept inflation in check despite higher prices of food during the Muslim holy month of Ramadan, economists said.
In May, the consumer price index rose 2.0 percent from a year earlier, slightly down from the previous month's pace of 2.1 percent.
Annual inflation hit a seven-year peak of 4.2 percent in February, but has since moderated as the effects of a six percent Goods and Services Tax implemented in April 2015 fade.
Malaysia's central bank last week cut its projection for 2016 inflation to 2-3 percent from 2.5-3.5 percent.
For the latest forecasts on Malaysian economic data, please see
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