In March, consumer prices remained flat over the previous month, which mirrored the February's outturn. The March result mainly reflected lower prices for clothing and footwear, which were offset by higher costs in the restaurants and hotels category. Annual inflation continued to slow and inched down to 2.1% in March, which was below February's 2.2% but came in line with market expectations. In fact, the March print represented the lowest rate since November 2010. Accordingly, annual average inflation inched down from February's 3.1% to 3.0%. The Central Bank sees inflation moderating to between 2.5% and 3.0% this year.
Inflation touches 16-month low in March
April 20, 2012
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Malaysia Inflation Chart
Note: Annual variation of consumer price index (CPI) in %.
Source: Department of Statistics Malaysia and FocusEconomics calculations.
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.