Malaysia Inflation Rate 2017
Development of inflation rates in malaysia the inflation rate for consumer prices in malaysia moved over the past 40 years between 0 3 and 9 7.
Malaysia inflation rate 2017. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. In 2017 seven states surpassed the national inflation rate namely johor and negeri sembilan 4 2 melaka 4 1 and pulau pinang 4 0 while selangor kedah and perlis experienced a same increase of 3 9 per cent as depicted in chart 2. This statistic shows the average inflation rate in malaysia from 2010 to 2024.
During the observation period from 1979 to 2019 the average inflation rate was 3 0 per year. Looking forward we estimate inflation rate in malaysia to stand at 1 60 in 12 months time. Inflation rate in malaysia is expected to be 0 90 percent by the end of this quarter according to trading economics global macro models and analysts expectations.
Generally the inflation rate was affected by the increase in food non alcoholic beverages. July s rise was largely attributed to greater price pressures recorded for transportation. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year.
Malaysia inflation consumer prices fall on annual basis for fifth month running in july consumer prices increased a seasonally adjusted 0 67 from the previous month in july softening from june s 1 02 increase. Jalan dato onn 50480 kuala lumpur malaysia. Overall the price increase was 224 34.
In malaysia basket of goods and services that costing.
