Malaysia: Inflation moderates in August
Consumer prices increased 0.17% month-on-month in August, matching July’s print. The figure reflected higher prices for housing, water, electricity, gas and other fuels; transport; and recreation services and culture.
Inflation eased to 0.2% in August from July’s 0.9%. Annual average inflation came in at 2.1%, down from July’s 2.4% reading, while core prices—which exclude certain types of fresh food and administered prices of goods and services—fell 0.2% in August on an annual basis, matching July’s print.