Malaysia Inflation

Malaysia

Malaysia: Inflation declines in December

January 21, 2015

Consumer prices declined 0.1% in December over the previous month, which contrasted the 0.5% rise registered in November. December’s result was mainly driven by a sharp fall in prices for transport, resulting from low global oil prices.

Annual inflation dropped to 2.7% in December from the 3.0% tallied in November. The result slightly undershot market expectations of 2.8%. As a result of December’s slowdown, annual average inflation inched down from 3.2% in November to 3.1% in December.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.9% in 2015, which is down 0.1 percentage points from last month’s projection. For 2016, the panel sees inflation falling to 3.1%.


Author:, Economist

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Malaysia Inflation December 2014

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


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