Malaysia: Inflation falls in September
October 23, 2015
Consumer prices fell 0.3% over the previous month in September. The reading came in below the flat reading recorded in August. Similar to last month, two of the twelve components of the index saw decreases, with the transport component recording the largest decline.
Inflation fell from 3.1% in August to 2.6% in September, marking a three-month low. The tally undershot market expectations by 0.4 percentage points. Despite September’s decrease, annual average inflation held stable at 2.2% for the fifth consecutive month.
Author: Robert Hill, Economist