Malaysia Inflation

Malaysia

Malaysia: Inflation increases in March after hitting an over-five-year low in February

April 22, 2015

Consumer prices increased 0.9% in March over the previous month, which contrasted the 0.6% drop tallied in February and marked the highest reading since July 2008. March’s result was mainly driven by higher prices for alcoholic beverages and tobacco, healthcare and restaurants and hotels. Conversely, prices for transport decreased compared to the previous month.

Annual inflation jumped up to 0.9% in March from February’s 0.1%. February’s print had marked an over-five-year low. The result was in line with market expectations. Despite March’s improvement, annual average inflation fell from February’s 2.7% to 2.4% in March.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.9% in 2015, which is down 0.1 percentage points from last month’s projection. For 2016, the panel sees inflation falling to 3.1%.


Author:, Economist

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Malaysia Inflation March 2015 0

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


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