Malaysia: Inflation stabilizes in September
October 21, 2016
In September, consumer prices dropped 0.26% over the previous month, which contrasted the 0.43% increase registered in August, according to the Department of Statistics Malaysia. The print mainly reflected lower prices for food and non-alcoholic beverages, following improved supply conditions.
In September, inflation was stable at August’s 1.5% and undershoot market expectations of a 1.8% rise. Annual average inflation in September was 2.3%, just under August’s 2.4%.
Author: Luis Lopez Vivas, Economist