Malaysia Inflation January 2016

Malaysia

Malaysia: Inflation climbs to almost seven-year high in January

February 29, 2016

Consumer prices fell 0.3% in January after being unchanged in December. The monthly decrease was driven by sharp decreases in the prices of transportation and communications, while prices for food and non-alcoholic beverages showed the largest increases.

Inflation climbed from 2.7% in December to 3.5% in January, the highest figure since February 2009. The tally matched market expectations. Annual average inflation in January was 2.3%, up from 2.1% in December.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.9% in 2016, which is down 0.1 percentage points from last month’s projection. For 2017, the panel sees inflation rising to 2.7%.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation January 2016

Note: Annual and monthly variation of consumer price index in %.
Source: Department of Statistics Malaysia (DSM).


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