
Bank Negara Malaysia reported that headline inflation eased to 1.9% in June from 2.0% in May. Lower retail fuel prices for RON97 petrol and diesel drove the decline, and core inflation also moderated.
The central bank's Monthly Highlights for June were released on July 31.
Cooler domestic inflation gives Bank Negara room to hold policy steady, which supports stable ringgit conditions. Lower diesel prices ease transport costs for feed distribution.
After 86 past bearish report events, ULSD / Diesel moved a median -0.9% over 5 sessions (37% higher; middle half -4.3% to +0.9%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.