Malaysia November inflation seen picking up to 1.6% y-o-y : poll
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[KUALA LUMPUR] Malaysia's consumer price index likely rose 1.6 per cent from a year earlier in November, slightly faster than the previous month's pace, a Reuters poll showed.
The annual inflation rate had slowed to 1.4 per cent in October, from 1.5 per cent in September, as lower transport costs offset higher food and housing prices.
Annual inflation reached a seven-year peak of 4.2 per cent in February, but then moderated as the effects of a goods and services tax imposed in April 2015 faded.
Last month, Malaysia's central bank said annual inflation had moderated to 1.3 per cent in the third quarter.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
