In September, consumer prices rose 0.2% over the previous month, which mirrored the 0.2% increases tallied in both July and August. The monthly price increase was mainly driven by higher prices in the clothing and footwear category, as well for food and non-alcoholic beverages, which were, however, partially offset by lower transport prices. Annual inflation inched up from 3.3% in August to 3.4% in September, which was slightly above market expectations that prices would rise at the same rate as in August. However, annual average inflation in September inched down to 3.3% from the 3.4% increase recorded in the previous two months. The government estimates inflation to average between 2.5% and 3.5% this year.
Inflation picks up in September
October 21, 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.