Malaysia: Inflation increases in November
December 17, 2014
Consumer prices increased 0.5% in November over the previous month, which matched October’s print. November’s result was mainly driven by a spike in prices for alcoholic beverages and tobacco.
Annual inflation increased from 2.8% in October to 3.0% in November. The result overshot market expectations of a 2.7% increase. Annual average inflation held at 3.2% for the fourth consecutive month, continuing the highest level in almost three years.
Author: Carl Kelly, Economist