Malaysia: Inflation stabilizes in October
November 23, 2012
In October, consumer prices rose 0.2% over the previous month, which mirrored the result tallied in the previous two months. The result mainly reflected higher prices for food and non-alcoholic beverages as well as for restaurants and hotels. Despite the monthly rise, annual inflation remained stable at September's 1.3%, which had represented the lowest level seen since March 2010. Moreover, the reading came in line with market expectations. As a result, annual average inflation stepped down from 2.1% in September to 2.0% in October.