Malaysia Inflation May 2017


Malaysia: Inflation falls in May

June 19, 2017

According to the National Statistical Institute, consumer prices fell by 0.17% in May over the previous month, which followed April’s 0.25% drop. The monthly decrease reflected lower prices for transport along with clothing and footwear.

Inflation came in at 3.9% in May, which was significantly below April’s 4.4% and undershot market expectations of a 4.0% reading. Meanwhile, annual average inflation edged up to 2.7% in May from 2.5% in April.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.6% in 2017, which is unchanged from last month’s projection. For 2018, the panel sees inflation at 2.6%.

Author: Angela Bouzanis, Senior Economist

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Malaysia Inflation Chart

Malaysia Inflation May 2017

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

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