Malaysia: Inflation drops to four-month low in January
Consumer prices increased a seasonally-adjusted 0.32% from the previous month in January, a smaller increase than December’s 0.40% increase. The softer rise was largely driven by a softer increase in prices for food and non-alcoholic beverages.
Inflation came in at 2.3% in January, which was down from December’s 3.2%. January’s figure marked the weakest inflation rate since September 2021. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 2.7% in January (December: 2.5%).