Malaysia: Inflation inches up in December
January 20, 2016
Consumer prices were unchanged in December after climbing 0.6% in November. December’s result observed a large increase in alcoholic beverages and tobacco, offsetting stark decreases in the prices of transportation.
Inflation inched up from 2.6% in November to 2.7% in December. The tally matched market expectations. Annual average inflation in December was steady at November’s 2.1%, which marked the lowest figure since December 2013.
Author: Robert Hill, Economist