Malaysia: Inflation eases in September
October 19, 2012
In September, consumer prices rose 0.2% over the previous month, which mirrored the result tallied in the previous month. The result mainly reflected higher prices for transport as well as for clothing and footwear. Despite the monthly rise, annual inflation inched down from 1.4% in August to 1.3% in September, which represents the lowest level seen since March 2010. Moreover, the outturn surprised market analysts as they expected inflation to remain unchanged from August. As a result, annual average inflation stepped down from 2.3% in August to 2.1% in September.