Malaysia Inflation Rate 2017

Bank negara malaysia said on thursday that inflation will probably average 3 per cent to 4 per cent this year up from 2 1 per cent in 2016 adding that 2017 will be another challenging one for. United overseas bank m bhd senior economist julia goh projects headline inflation to range between 3 5 and 3 8 from november to december bringing the full year s inflation to 3 9 in 2017. This page provides malaysia inflation rate actual values historical data forecast chart statistics economic calendar and news.

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Malaysia inflation rate for 2017 was 3 87 a 1 78 increase from 2016.

Malaysia inflation rate 2017. This statistic shows the average inflation rate in malaysia from 2010 to 2024. In 2018 inflation is expected to moderate to 2 5 on the back of a high base effect and assumption of global oil prices between us 50 and us 60 per barrel she said in a note. 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. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year.

During the observation period from 1979 to 2019 the average inflation rate was 3 0 per year. Inflation rate in malaysia averaged 3 44 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. 2017 with the headline malaysia inflation surges to highest in 8 years. Download historical data save as image.

Malaysia inflation consumer prices fall year on year for seventh month running in september. For 2019 an inflation rate of 0 7 was calculated. Malaysia inflation rate for 2016 was 2 09 a 0 01 decline from 2015. The central bank is likely to maintain its policy rate at 3 per cent through 2017.

Consumer prices were unchanged on a seasonally adjusted basis over the previous month in september below the 0 17 rise logged in august and marking the lowest reading since april. Overall the price increase was 224 34.