Inflation Rate In Malaysia 2016
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.
Inflation rate in malaysia 2016. 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. Overall the price increase was 224 34. This statistic shows the average inflation rate in malaysia from 2010 to 2024. Consumer prices increased a seasonally adjusted 0 67 from the previous month in july softening from june s 1 02 increase.
For 2019 an inflation rate of 0 7 was calculated. Download historical data save as image. Looking forward we estimate inflation rate in malaysia to stand at 1 60 in 12 months time. Malaysia inflation rate for 2016 was 2 09 a 0 01 decline from 2015.
For 2017 the central bank anticipates a stable inflation rate due to low global energy and commodity prices and a generally subdued global inflation. During the observation period from 1979 to 2019 the average inflation rate was 3 0 per year. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year. July s rise was largely attributed to greater price pressures recorded for transportation.
The full year inflation rate falls within the lower end of bank negara malaysia s bnm projection of 2 to 2 5. This page provides malaysia core inflation rate actual values historical data forecast chart statistics economic calendar and news. Consumer prices fall on annual basis for fifth month running in july. The overall inflation rate for 2016 was the same as 2015 s 2 1.
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