Malaysia Inflation Rate Steady at 1.5% in September


Consumer prices in Malaysia rose 1.5 percent year-on-year in September of 2016, the same as in August and below market estimates of a 1.7 percent increase. While prices of food rose at a slower pace, inflation for housing & utilities was steady and cost of transport fell less than in a month earlier.

Year-on-year, cost rose at a slower pace for food & non-alcoholic beverages (+2.5 percent from +3.0 percent in September), restaurants & hotels (+2.0 percent from +2.2 percent), but rose slightly faster for alcoholic beverages & tobacco (+19.8 percen from +19.7 percentt); recreation services & culture (+3.5. percent from +3.4 percent). furnishing, household equipment & routine maintenance (+1.5 percent from 1.3 percent), and health (+2.3 percent from +2.2 percent). Inflation was steady for;miscellaneous goods & services (+1.5 pe rcent), housing, water, electricity, gas & other fuels (+2.1 percent), and education (+2.0 percent) In addition, prices declined for:clothing & footwear (-0.5 percent), transport (-5.5 percent), and communication (-2.6 percent).
 
Core consumer prices rose 2.0 percent year-on-year in October, compared with a 2.1 percent gain in September.
 
On a monthly basis, consumer prices rose 0.3 percent after falling 0.3 percent in a month earlier. 
 
Prices were lower for prices were higher for clothing & footwear (0.0 percent form +0.2 percent), restaurants and hotels (0.0 percet from +0.2 percent), tobacco (+0.1 percent from 0.0 percent), housing, water, electricity, gas & other fuels, education, recreation services & culture (+0.1 percent form 0.0 percent). In contrast prices were higher for transport (+3.1 percen from -1.6 percentt), non food (+0.7 percent from -0.3 percent percent). Prices was steady for  health (+0.3 percent, and prices were fell for food & non-alcoholic beverages (-0.3 percent from -0.2 percent), alcoholic beverages and misecellaneous goods & services (-0.1 percent form 0.0 pecent). Price remain unchanged for communication (0.0 percent from -0.1 percent).
 
 


Malaysia Inflation Rate Steady at 1.5% in September


Statistics Malaysia l Aloysius Unditu | aloy@tradingeconomics.com
11/25/2016 4:50:14 AM