Malaysia: Inflation eases in October
November 20, 2015
Consumer prices rose 0.4% in October. over the previous month The reading contrasted the 0.3% decrease recorded in September that marked a three-month low. October’s result was driven by increases in four of the 12 components of the index, with transport recording the largest rise.
Inflation eased from 2.6% in September to 2.5% in October, thus hitting a five-month low. The tally matched market expectations. As a result, annual average inflation inched down from September’s 2.2% to 2.1%, which marked the lowest figure since December 2013.
Author: Robert Hill, Economist