Malaysia October inflation seen steady at 1.5% y-o-y: poll
[KUALA LUMPUR] Malaysia's annual inflation rate likely remained unchanged at 1.5 per cent for the third month in a row, a Reuters poll showed.
Lower fuel prices and a high base from a year earlier will likely have kept inflation in check, economists said.
Annual inflation reached a seven-year peak of 4.2 per cent in February, but has since moderated as the effects of a goods and services tax imposed in April 2015 fade.
Earlier this month, Malaysia's central bank said inflation had moderated to 1.3 per cent in the third quarter.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons