Malaysia Inflation June 2017


Malaysia: Inflation drops in June

July 19, 2017

According to the National Statistical Institute, consumer prices fell by 0.2% in June over the previous month, which matched May’s drop. The monthly decrease reflected lower prices for non-food items, particularly for transportation goods.

Inflation came in at 3.6% in June, which was below May’s 3.9% and a five-month low. The reading was below market expectations of 3.8%. Despite the fall, annual average inflation edged up to 2.8% in June from 2.7% in May.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.6% in 2017, which is unchanged from last month’s projection. For 2018, the panel sees inflation at 2.6%.

Author: Angela Bouzanis, Senior Economist

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Malaysia Inflation Chart

Malaysia Inflation June 2017

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

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