Malaysia Inflation


Inflation rises to highest level in over two years in December

Consumer prices rose 0.28% over the previous month in December, which matched the increase tallied in November. The increase mainly reflected higher prices for food and non-alcoholic beverages.

Inflation picked up from 2.9% in November to 3.2% in December, which was slightly above market expectations of a 3.1% rise. The reading marks the highest level since November 2011. Annual average inflation increased from 1.9% in November to 2.1% in December.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.0% in 2014, which is unchanged from last month's projection. For 2015, the panel sees inflation rising to 3.2%.

Author:, Economist

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Malaysia Inflation Chart

Malaysia Inflation December 2013

Note: Annual variation of consumer price index (CPI) in %.
Source: Department of Statistics Malaysia and FocusEconomics calculations.

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