Malaysia Inflation

Malaysia

Malaysia: Inflation continues to climb in July

August 19, 2015

Consumer prices increased 0.8% in July, which was up from the 0.6% recorded in June. Eleven of the 12 major components of the index saw increases, with the highest increase found in the transport group. Clothing and footwear was the only group that registered a decline.

Inflation jumped from 2.5% in June to 3.3% in July, marking a six-month high. The tally overshot market expectations by 0.4 percentage points. Despite July’s increase, annual average inflation held stable at 2.2% for the third consecutive month.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.5% in 2015, which is unchanged from last month’s projection. For 2016, the panel sees inflation rising to 3.0%.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation July 2015

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


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