Malaysia’s December CPI rises 1.0pct y/y, in line with forecast

23-Jan-2020 Intellasia | Reuters | 6:02 AM Print This Post

Malaysia’s December consumer price index (CPI) rose 1.0 percent from a year earlier, as expected, driven by expansion in all but two sectors tracked by the index, government data showed on Wednesday.

Economists in a Reuters poll had expected a rise of 1.0%. December’s pace was marginally quicker than November’s 0.9 percent expansion.

Prices fell in the clothing and footwear and transport sectors.

Malaysia’s central bank said in November headline inflation is expected to remain modest in 2020, though higher than the previous year.


Category: Malaysia

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