Malaysia: Inflation edges down in October
November 24, 2016
In October, consumer prices increased 0.4% over the previous month, which contrasted the 0.3% decrease registered in September, according to the Department of Statistics Malaysia. The print mainly reflected higher prices for food and non-alcoholic beverages, housing and tobacco.
In October, inflation edged down from 1.5% in September to 1.4% in October and undershoot market expectations of a 1.8% rise. Annual average inflation in October was 2.2%, just under September’s 2.3%.
Author: Luis Lopez Vivas, Economist