In May, consumer prices increased 0.3% over the previous month, which was above the 0.2% rise tallied in March. Higher readings were seen across the board, although the monthly increase was mainly driven by higher prices for transport and housing. Annual inflation inched up from 3.2% in April to 3.3% in May, which matched market expectations. As a result, annual average inflation maintained the upward trend in place since May 2010, stepping up from 2.2% in April to 2.4% in May. Against this backdrop, most analysts expect the Central Bank will raise interest rates by 25 basis points at its next monetary policy meeting scheduled on 7 July.
Inflation rises slightly in May
June 24, 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.