Malaysia Inflation January 2019

Malaysia

Malaysia: Inflationary pressure disappear in January

February 22, 2019

Consumer prices dropped 0.50% month-on-month in January, contrasting the 0.08% rise in December. The result was driven by a steep fall in transportation costs offsetting more expensive food and non-alcoholic beverages; and housing, water, electricity, gas and other fuels.

In year-on-year terms, consumer prices fell 0.7% in January, swinging from December’s 0.2% reading and annual average inflation eased from 1.0% in December to 0.7%. Core inflation—which excludes certain types of fresh food and administered prices of goods and services—edged down from 0.4% in December to 0.2%.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.1% in 2019 and 2.3% in 2020.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation January 2019 0

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


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