Malaysia Inflation

Malaysia

Malaysia: Inflation barely inches down in August

September 18, 2013

Consumer prices rose 0.09% over the previous month in August, which was below the 0.19% increase tallied in July. The increase mainly reflected higher prices for food and non-alcoholic beverages.

Inflation inched down slightly from 2.0% in July to 1.9% in August, which was below market expectations of no change. Annual average inflation ticked up to 1.6% after sitting at 1.5% during the preceding six months.

FocusEconomics Consensus Forecast panelists expect inflation to accelerate in the months ahead and average 2.1% in 2013, which is down 0.1 percentage points from last month's projection. For 2014, the panel sees inflation rising to 2.5%.


Author:, Economist

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Malaysia Inflation Chart


Malaysia Inflation August 2013

Note: Annual variation of consumer price index (CPI) in %.
Source: Department of Statistics Malaysia and FocusEconomics calculations.


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