In October, consumer prices rose 0.2% over the previous month, which mirrored readings tallied in the previous three months. The monthly price increase was mainly driven by higher prices in food and non-alcoholic beverages, which were partially offset by lower prices in the miscellaneous goods and services category. Annual inflation remained unchanged at September's 3.4%, which was slightly above market expectations that prices would rise 3.3%. However, annual average inflation in October inched up to 3.0% from the 2.9% increase recorded in the previous month. The government estimates inflation to average between 2.5% and 3.5% this year.
Inflation remains stable in October
November 23, 2011
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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.