Malaysia: Inflation accelerates in February
March 20, 2013
In February, consumer prices rose 0.19% over the previous month, which was below the 0.38% increase tallied in January. The result mainly reflected an increase in prices for food and non-alcoholic beverages.
Annual inflation edged up from 1.3% in January to 1.5% in February, which was in line with market expectations. That said, annual average inflation inched down from 1.6% in January to 1.5% in February.
FocusEconomics panellists expect inflation to reach 2.4% in 2013, which is unchanged from last month's projection. For 2014, the panel sees inflation rising to 2.8%.