Malaysia Inflation

Malaysia

Malaysia: Inflation rises in May

June 19, 2015

Consumer prices increased 0.4% in May, which was down from the 0.9% recorded in April. Ten of the 12 components of the index saw increases, with the highest increases found in the housing, water, electricity, gas & other fuels category, and food and non-alcoholic beverages groups. The two groups that saw decreases were non-alcoholic beverages and tobacco as well as education.

Annual inflation jumped from April’s 1.8% to 2.1% in May, marking a five-month high. The tally marginally overshot market expectations of a 2.0% increase. Despite May’s increase, annual average inflation ticked down from April’s 2.3% to 2.2% in May.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.4% in 2015, which is down 0.2 percentage points from last month’s projection. For 2016, the panel sees inflation rising to 3.0%.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation May 2015

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


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