In December, consumer prices rose 0.1% over the previous month, which mirrored the reading observed in the November. The monthly price increase was mainly driven by higher prices for food and non-alcoholic beverages, which were partially offset by lower prices for clothing and footwear. Annual inflation continued to slow and sat at 3.0% in December, which is below both the 3.3% seen in November and market expectations of 3.1%. However, annual average inflation rose to 3.2% in December, up from the 3.1% observed in the previous month and thus ended the year within the range of 2.5% and 3.5% forecasted by the government.
Inflation continues to decline in December
January 18, 2012
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Malaysia Economic News
October 12, 2016
Industrial production increased 4.9% in August from the same month last year.
October 7, 2016
Exports in USD terms rose 3.3% annually in August, which was a sharp improvement over July’s 8.9% contraction (previously reported: -8.7% year-on-year).
September 23, 2016
In August, consumer prices rose 0.43% over the previous month, which was slightly up from the 0.26% increase registered in July, according to the Department of Statistics Malaysia.
September 16, 2016
The ringgit has had a tumultuous week as a combination of factors, both domestic and external, have impacted the currency.
September 10, 2016
Industrial production increased 4.1% in July over the same month last year.