Malaysia's core consumer prices, which exclude most volatile items of fresh food as well as administered prices of goods and services, rose 2.0 percent from a year earlier in July 2019, the most since January last year and compared to a 1.9 percent gain in June. Core Inflation Rate in Malaysia averaged 1.76 percent from 2016 until 2019, reaching an all time high of 3.60 percent in February of 2016 and a record low of -0.20 percent in July of 2018.
Core Inflation Rate in Malaysia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Malaysia to stand at 1.20 in 12 months time. In the long-term, the Malaysia Core Inflation Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.