Malaysia Inflation January 2017


Malaysia: Inflation hits eleven-month high in January

February 22, 2017

Consumer prices in Malaysia rose from a flat reading in December to 1.1% in January, marking the highest monthly gain since July 2008. Higher prices for food and housing were behind January’s rise.

In January, inflation rose 3.2%, which followed December’s 1.8% increase. The figure marked an eleven-month high and overshot market expectations of a 2.8% rise. Meanwhile, annual average inflation in January mirrored the 2.1% reading recorded in December.

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 2.6%.

Author:, Economist

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Malaysia Inflation Chart

Malaysia Inflation January 2017

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

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