Newspaper Article About Inflation In Malaysia
Inflation rate in malaysia averaged 3 45 percent from 1973 until 2020 reaching an all time high of 23 90 percent in march of 1974 and a record low of 2 90 percent in april of 2020.
Newspaper article about inflation in malaysia. This followed two months of negative inflation. Among others malaysia has a very unique experience in terms of inflation. United overseas bank malaysia bhd senior economist julia goh said inflation is expected to continue its steady trend upward as the year progresses despite the government postponing its plan to float fuel pump prices.
0 7 yoy in january and 0 4 in february. The 0 2 year on year rise was smaller than the consensus median of 0 3. This page provides malaysia inflation rate actual values historical data forecast chart statistics economic calendar and news.
Malaysia s inflation fell to a six month low of 0 9 year on year in november as food beverages f b and transport component prices weakened further but is expected to. Malaysia inflation consumer prices fall year on year for sixth month running in august. When aggregate demand increase many sellers and firms take advantages by increase price to gain more profit.
The inflation in malaysia also happens due to the increase of the government servant salary that increases the power purchase of the most population in the country. Kuala lumpur dec 20. The business times malaysia inflation find malaysia inflation news headlines insight and analysis in singapore asia pacific global markets news at the business times.
It is almost a daily affair for us hearing of mega deals going wrong. Consumer prices increased a seasonally adjusted 0 17 over the previous month in august softening from july s 0 67 increase. Headline inflation as measured by the consumer price index cpi came in at 1 8 in december slightly below consensus expectation of 1 9.
Maintaining a low and stable inflation rate has become one of the challenges in the macroeconomic management of most countries. Malaysia s inflation rate is expected to continue to rise but remain modest in 2020 say analysts who however differ in their views on the extent of the increase. As widely expected malaysia s consumer price index cpi inflation was back in positive territory in march though it was yet another downside miss.
The overall inflation rate for 2016 was the same as 2015 s 2 1. The economy has experienced episodes of high 1973 1974 1980 1981 and low 1985 1987 regimes of inflation and was able to contain low and stable inflation during the high economic.
