Malaysia Inflation November 2016

Malaysia

Malaysia: Inflation edges down in November

December 30, 2016

In November, consumer prices jumped 1.04% from the previous month, which followed the 0.35% increase registered in October, according to the Department of Statistics Malaysia. The print mainly reflected higher prices for food, following the removal of a subsidy for cooking oil and a lower supply of vegetables due to stronger-than-expected monsoon rains.

Inflation rose from 1.4% in October to 1.8% in November and beat market expectations of a 1.6% rise. In November, annual average inflation was stable at October’s 2.2%.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.6% in 2017, which is unchanged from last month’s projection. For 2018, the panel sees inflation rising to 2.7%.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation November 2016

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


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